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Aug 1, 2014 - AWI Experimental Economics
Apesteguia, Jose; Huck, Steffen; Oechssler, Jörg; Weidenholzer, Simon, 2014, "Imitation and the Evolution of Walrasian Behavior: Theoretically Fragile but Behaviorally [Dataset]", doi:10.11588/data/10021, heiDATA, V2, UNF:5:9uTZvsy6tiSJe0U8/cdxPw==
A well-known result by Vega-Redondo (1997) [18] implies that in symmetric Cournot oligopolies, imitation leads to the Walrasian outcome. We show that this result is not robust to the slightest asymmetry in costs, since every outcome where agents choose identical actions will be p...
Jul 31, 2014 - AWI Experimental Economics
Huck, Steffen; Normann, Hans-Theo; Oechssler, Jörg, 2014, "Does Information about Competitors' Actions Increase or Decrease Competition in Experimental Oligopoly Markets? [Dataset]", doi:10.11588/data/10020, heiDATA, V1
This paper investigates the impact the publication of firm-specific data has on the competitiveness of experimental oligopoly markets. We compare two treatments: in one, firms are informed about their rivals’ actions and profits. In the other, firms are only given aggregate infor...
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