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Keyword Term: Cournot oligopoly

1 to 4 of 4 Results

Two are Few and Four are Many: Number Effects in Experimental Oligopoly [Dataset] Jul 31, 2014 - AWI Experimental Economics Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Two are Few and Four are Many: Number Effects in Experimental Oligopoly [Dataset]", https://doi.org/10.11588/data/10017, heiDATA, V1, UNF:5:ZO79Xsj/X7piQu3p8pQheg== [fileUNF] In this paper we investigate how the competitiveness of Cournot markets varies with the number of firms in an industry. We review previous Cournot experiments in the literature. Additionally, we conduct a new series of experiments studying oligopolies with two, three, four, and f...
Stability of the Cournot Process - Experimental Evidence [Dataset] Jul 30, 2014 - AWI Experimental Economics Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Stability of the Cournot Process - Experimental Evidence [Dataset]", https://doi.org/10.11588/data/10014, heiDATA, V1 We report results of experiments designed to test the predictions of the best-reply process. In a Cournot oligopoly with four firms, the best-reply process should theoretically explode if demand and cost functions are linear. We find, however, no experimental evidence of such ins...
From imitation to collusion: a replication [Dataset] May 30, 2016 - AWI Experimental Economics Oechssler, Jörg; Roomets, Alex; Roth, Stefan, 2016, "From imitation to collusion: a replication [Dataset]", https://doi.org/10.11588/data/10075, heiDATA, V2, UNF:5:qSzzvlOu2rl8/AR8TIBEEQ== [fileUNF] In oligopoly, imitating the most successful competitor yields very competitive outcomes. This theoretical prediction has been confirmed experimentally by a number of studies. A recent paper by Friedman et al. (J Econ Theory 155:185–205, 2015) qualifies those results in an interes...
Communication in Cournot competition: An experimental study [Dataset] Apr 13, 2015 - AWI Experimental Economics Waichman, Israel; Requate, Till; Siang, Ch’ng Kean, 2015, "Communication in Cournot competition: An experimental study [Dataset]", https://doi.org/10.11588/data/10049, heiDATA, V2 This study investigates the impact of communication on outcomes in Cournot duopoly and triopoly experiments. Communication is implemented by two different devices, a ‘standardized-communication’ and a ‘free-communication’ device. Using both students and managers as subjects, we f...

Two are Few and Four are Many: Number Effects in Experimental Oligopoly [Dataset]

Jul 31, 2014 - AWI Experimental Economics

Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Two are Few and Four are Many: Number Effects in Experimental Oligopoly [Dataset]", https://doi.org/10.11588/data/10017, heiDATA, V1, UNF:5:ZO79Xsj/X7piQu3p8pQheg== [fileUNF]

In this paper we investigate how the competitiveness of Cournot markets varies with the number of firms in an industry. We review previous Cournot experiments in the literature. Additionally, we conduct a new series of experiments studying oligopolies with two, three, four, and f...

Stability of the Cournot Process - Experimental Evidence [Dataset]

Jul 30, 2014 - AWI Experimental Economics

Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Stability of the Cournot Process - Experimental Evidence [Dataset]", https://doi.org/10.11588/data/10014, heiDATA, V1

We report results of experiments designed to test the predictions of the best-reply process. In a Cournot oligopoly with four firms, the best-reply process should theoretically explode if demand and cost functions are linear. We find, however, no experimental evidence of such ins...

From imitation to collusion: a replication [Dataset]

May 30, 2016 - AWI Experimental Economics

Oechssler, Jörg; Roomets, Alex; Roth, Stefan, 2016, "From imitation to collusion: a replication [Dataset]", https://doi.org/10.11588/data/10075, heiDATA, V2, UNF:5:qSzzvlOu2rl8/AR8TIBEEQ== [fileUNF]

In oligopoly, imitating the most successful competitor yields very competitive outcomes. This theoretical prediction has been confirmed experimentally by a number of studies. A recent paper by Friedman et al. (J Econ Theory 155:185–205, 2015) qualifies those results in an interes...

Communication in Cournot competition: An experimental study [Dataset]

Apr 13, 2015 - AWI Experimental Economics

Waichman, Israel; Requate, Till; Siang, Ch’ng Kean, 2015, "Communication in Cournot competition: An experimental study [Dataset]", https://doi.org/10.11588/data/10049, heiDATA, V2

This study investigates the impact of communication on outcomes in Cournot duopoly and triopoly experiments. Communication is implemented by two different devices, a ‘standardized-communication’ and a ‘free-communication’ device. Using both students and managers as subjects, we f...

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