메뉴 건너뛰기




Volumn 20, Issue 10, 2002, Pages 1437-1460

Simultaneous and sequential price competition in heterogeneous duopoly markets: Experimental evidence

Author keywords

Experimental economics; First mover disadvantage; Heterogeneous duopoly; Price leadership; Simultaneous play

Indexed keywords


EID: 33746999618     PISSN: 01677187     EISSN: None     Source Type: Journal    
DOI: 10.1016/s0167-7187(02)00033-4     Document Type: Article
Times cited : (38)

References (37)
  • 2
    • 0000885968 scopus 로고    scopus 로고
    • Hot and cold decisions and reciprocity in experiments with sequential games
    • Brandts, J., Charness, G., 2000. Hot and cold decisions and reciprocity in experiments with sequential games. Experimental Economics 2, 227-238.
    • (2000) Experimental Economics , vol.2 , pp. 227-238
    • Brandts, J.1    Charness, G.2
  • 3
    • 38249037841 scopus 로고
    • Being a leader or a follower: Reflections on the distribution of roles in duopoly
    • Boyer, M., Moreaux, M., 1987. Being a leader or a follower: reflections on the distribution of roles in duopoly. International Journal of Industrial Organization 5, 175-192.
    • (1987) International Journal of Industrial Organization , vol.5 , pp. 175-192
    • Boyer, M.1    Moreaux, M.2
  • 6
    • 0033409739 scopus 로고    scopus 로고
    • Uncertainty, information sharing and tacit collusion in laboratory duopoly markets
    • Cason, T.N., Mason, C.F., 1999. Uncertainty, information sharing and tacit collusion in laboratory duopoly markets. Economic Inquiry 37, 258-281.
    • (1999) Economic Inquiry , vol.37 , pp. 258-281
    • Cason, T.N.1    Mason, C.F.2
  • 10
    • 0001287390 scopus 로고
    • Von Stackelberg and Cournot Duopoly: Choosing roles
    • Dowrick, S., 1986. Von Stackelberg and Cournot Duopoly: choosing roles. Rand Journal of Economics 17, 251-260.
    • (1986) Rand Journal of Economics , vol.17 , pp. 251-260
    • Dowrick, S.1
  • 12
    • 85005258516 scopus 로고
    • Firm market share, price flexibility, and imperfect information
    • Eckard, E., 1982. Firm market share, price flexibility, and imperfect information. Economic Inquiry 20, 388-392.
    • (1982) Economic Inquiry , vol.20 , pp. 388-392
    • Eckard, E.1
  • 15
    • 0002837752 scopus 로고
    • Price leadership in a duopoly with capacity constraints and product differentiation
    • Furth, D., Kovenock, D., 1993. Price leadership in a duopoly with capacity constraints and product differentiation. Journal of Economics 57, 1-35.
    • (1993) Journal of Economics , vol.57 , pp. 1-35
    • Furth, D.1    Kovenock, D.2
  • 16
    • 0000618950 scopus 로고
    • First mover and second mover advantages
    • Gal-Or, E., 1985. First mover and second mover advantages. International Economic Review 26, 649-653.
    • (1985) International Economic Review , vol.26 , pp. 649-653
    • Gal-Or, E.1
  • 17
    • 84879653564 scopus 로고
    • First mover disadvantages with private information
    • Gal-Or, E., 1987. First mover disadvantages with private information. Review of Economic Studies 54, 279-292.
    • (1987) Review of Economic Studies , vol.54 , pp. 279-292
    • Gal-Or, E.1
  • 18
    • 0001771974 scopus 로고
    • Endogenous timing in duopoly games: Stackelberg or Cournot equilibria
    • Hamilton, J.H., Slutsky, S.M., 1990. Endogenous timing in duopoly games: Stackelberg or Cournot equilibria. Games and Economic Behavior 2, 29-46.
    • (1990) Games and Economic Behavior , vol.2 , pp. 29-46
    • Hamilton, J.H.1    Slutsky, S.M.2
  • 19
    • 0346623843 scopus 로고    scopus 로고
    • Experimental tests of consciously parallel behaviour in oligopoly
    • Phlips, L. (Ed.), Cambridge University Press, Cambridge
    • Harstad, R., Martin, S., Normann, H.-T., 1998. Experimental tests of consciously parallel behaviour in oligopoly. In: Phlips, L. (Ed.), Applied Industrial Organization. Cambridge University Press, Cambridge.
    • (1998) Applied Industrial Organization
    • Harstad, R.1    Martin, S.2    Normann, H.-T.3
  • 20
    • 0009150191 scopus 로고
    • An experimental test of the consistent - Conjectures hypothesis
    • Holt, C.H., 1985. An experimental test of the consistent - conjectures hypothesis. American Economic Review 75, 314-325.
    • (1985) American Economic Review , vol.75 , pp. 314-325
    • Holt, C.H.1
  • 21
    • 0038782234 scopus 로고    scopus 로고
    • Stackelberg beats Cournot - On collusion and efficiency in experimental markets
    • Huck, S., Müller, W., Normann, H.-T., 2001. Stackelberg beats Cournot - on collusion and efficiency in experimental markets. Economic Journal 111 (474), 749-765.
    • (2001) Economic Journal , vol.111 , Issue.474 , pp. 749-765
    • Huck, S.1    Müller, W.2    Normann, H.-T.3
  • 22
    • 0036170487 scopus 로고    scopus 로고
    • To commit or not to commit: Endogenous timing in experimental duopoly markets
    • Huck, S., Müller, W., Normann, H.T., 2002. To commit or not to commit: endogenous timing in experimental duopoly markets. Games and Economic Behavior 38, 240-264.
    • (2002) Games and Economic Behavior , vol.38 , pp. 240-264
    • Huck, S.1    Müller, W.2    Normann, H.T.3
  • 23
    • 0034582213 scopus 로고    scopus 로고
    • Does information about competitors' actions increase or decrease competition in experimental oligopoly markets?
    • Huck, S., Normann, H.-T., Oechssler, J., 2000. Does information about competitors' actions increase or decrease competition in experimental oligopoly markets? International Journal of Industrial Organization 18, 39-57.
    • (2000) International Journal of Industrial Organization , vol.18 , pp. 39-57
    • Huck, S.1    Normann, H.-T.2    Oechssler, J.3
  • 25
    • 33746939760 scopus 로고
    • The new German antitrust reform law
    • Markert, K., 1974. The new German antitrust reform law. Antitrust Bulletin 18, 117-138.
    • (1974) Antitrust Bulletin , vol.18 , pp. 117-138
    • Markert, K.1
  • 26
    • 0010185999 scopus 로고
    • The equilibrium of duopoly in a market of homogeneous goods
    • Ono, Y., 1978. The equilibrium of duopoly in a market of homogeneous goods. Economica 45, 287-295.
    • (1978) Economica , vol.45 , pp. 287-295
    • Ono, Y.1
  • 27
    • 84925980765 scopus 로고
    • Price leadership: A theoretical analysis
    • Ono, Y., 1982. Price leadership: a theoretical analysis. Economica 49, 11-20.
    • (1982) Economica , vol.49 , pp. 11-20
    • Ono, Y.1
  • 29
    • 0001460850 scopus 로고    scopus 로고
    • Mixed strategies and iterative elimination of strongly dominated strategies: An experimental investigation of states of knowledge
    • Rapoport, A., Amaldoss, W., 2000. Mixed strategies and iterative elimination of strongly dominated strategies: An experimental investigation of states of knowledge. Journal of Economic Behavior and Organization 42, 483-521.
    • (2000) Journal of Economic Behavior and Organization , vol.42 , pp. 483-521
    • Rapoport, A.1    Amaldoss, W.2
  • 30
    • 0002745670 scopus 로고
    • Regression standard errors in clustered samples
    • Rogers, W.H., 1993. Regression standard errors in clustered samples. Stata Technical Bulletin 13, 19-23.
    • (1993) Stata Technical Bulletin , vol.13 , pp. 19-23
    • Rogers, W.H.1
  • 31
    • 0001998145 scopus 로고
    • Bargaining experiments
    • Kagel, J.H., Roth, A.E. (Eds.), Princeton University Press, Princeton, NJ
    • Roth, A.E., 1995. Bargaining experiments. In: Kagel, J.H., Roth, A.E. (Eds.), Handbook of Experimental Economics. Princeton University Press, Princeton, NJ, pp. 253-348.
    • (1995) Handbook of Experimental Economics , pp. 253-348
    • Roth, A.E.1
  • 35
    • 0001666748 scopus 로고
    • Dummy variables: Mechanics vs. interpretation
    • Suits, D., 1984. Dummy variables: mechanics vs. interpretation. Review of Economics and Statistics 66, 177-180.
    • (1984) Review of Economics and Statistics , vol.66 , pp. 177-180
    • Suits, D.1
  • 37
    • 0000095552 scopus 로고
    • A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity
    • White, H., 1980. A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity. Econometrica 48, 817-930.
    • (1980) Econometrica , vol.48 , pp. 817-930
    • White, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.