Laboratory subjects as multiproduct monopoly firms: an experimental investigation
Article Abstract:
Experimental research has shown the convergence of theoretical predictions with market responses of laboratory subjects as monopoly firms. A research is done where the subjects face increased complex market decisions. The laboratory subjects are capable of producing two different goods. The seller's strategy and offer prices are limited. Findings indicate that simple strategy options result in the convergence of subjects' market responses with predictions of a multiproduct monopoly model.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Direct and market effects of enforcing emissions trading programs: an experimental analysis
Article Abstract:
Impact of emission trading program enforcements on compliance and emissions decisions in permit markets is presented.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 2006
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The sources of forecast errors: experimental evidence. Why equilibrium? A note on the noncooperative equilibria of some matrix games
- Abstracts: Job changes, occupational mobility and human capital acquisition: an empirical analysis. Innovation and reciprocal externalities: information transmission via job mobility
- Abstracts: The roles of the state and the market in establishing property rights. The early development of intellectual property institutions in the United States
- Abstracts: Experimental evidence on the evolution of meaning of messages in sender-receiver games
- Abstracts: Employer sanctions on hiring illegal labor: an experimental analysis of firm compliance. Strategic hiring to deter entry by unions