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Volumn 35, Issue 3, 1998, Pages 333-355

Oligopoly experimentation of learning with simulated markets

Author keywords

Adaptive learning; Bertrand Nash equilibrium; C72; C9; Cooperative solution; L1; Least squares learning; Price adjustment

Indexed keywords


EID: 0040691352     PISSN: 01672681     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0167-2681(98)00040-7     Document Type: Article
Times cited : (15)

References (17)
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    • Alger Dan Laboratory tests of equilibrium predictions with disequilibrium data. Review of Economic Studies. 54:1987;105-146.
    • (1987) Review of Economic Studies , vol.54 , pp. 105-146
    • Alger Dan1
  • 3
    • 0001530193 scopus 로고
    • Learning, estimation and the stability of rational expectations
    • Bray Margaret Learning, estimation and the stability of rational expectations. Journal of Economic Theory. 26:1982;318-319.
    • (1982) Journal of Economic Theory , vol.26 , pp. 318-319
    • Bray Margaret1
  • 6
  • 7
    • 37149024843 scopus 로고
    • An Experiment in Non-cooperative Oligopoly
    • JAI Press, Greenwich, CT
    • Friedman, James W., Hoggatt, A.C., 1980. An Experiment in Non-cooperative Oligopoly, Research in Experimental Economics, 1, supplement, JAI Press, Greenwich, CT.
    • (1980) Research in Experimental Economics , vol.1 , Issue.SUPPLEMENT
    • Friedman, J.W.1    Hoggatt, A.C.2
  • 9
    • 0039830331 scopus 로고
    • A convergent adjustment process for firms in competition
    • Gates D.J., Rickard J.A., Wilson D.J. A convergent adjustment process for firms in competition. Econometrica. 45(6):1977;1349-1363.
    • (1977) Econometrica , vol.45 , Issue.6 , pp. 1349-1363
    • Gates, D.J.1    Rickard, J.A.2    Wilson, D.J.3
  • 12
    • 0040422966 scopus 로고
    • Learning by Firms about Demand Conditions
    • Academic Press, New York, San Francisco, London
    • Kirman, Alan, 1975. Learning by Firms about Demand Conditions, Adaptive Economic Models, Academic Press, New York, San Francisco, London.
    • (1975) Adaptive Economic Models
    • Kirman, A.1
  • 14
    • 38249025567 scopus 로고
    • Convergence of least squares learning mechanisms in self-referential linear stochastic models
    • Marcet Albert, Sargent Thomas J. Convergence of least squares learning mechanisms in self-referential linear stochastic models. Journal of Economic Theory. 48:1989;337-368.
    • (1989) Journal of Economic Theory , vol.48 , pp. 337-368
    • Marcet Albert1    Sargent Thomas, J.2
  • 15
    • 0001135422 scopus 로고
    • Industrial organization theory and experimental economics
    • Plott Charles R. Industrial organization theory and experimental economics. Journal of Economic Literature. 20:1982;1485-1527.
    • (1982) Journal of Economic Literature , vol.20 , pp. 1485-1527
    • Plott Charles, R.1
  • 16
    • 0039830307 scopus 로고
    • The existence of Nash equilibria in reaction functions for dynamic models of oligopoly
    • Robson A. The existence of Nash equilibria in reaction functions for dynamic models of oligopoly. International Economic Review. 27:1986;539-544.
    • (1986) International Economic Review , vol.27 , pp. 539-544
    • Robson, A.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.