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Bertrand colludes more than Cournot

  • Sigrid Suetens


  • Jan Potters


On the basis of evidence of past oligopoly experiments, we argue that there is often significantly more tacit collusion in Bertrand price-choice than in Cournot quantity-choice markets. Copyright Economic Science Association 2007

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Article provided by Springer in its journal Experimental Economics.

Volume (Year): 10 (2007)
Issue (Month): 1 (March)
Pages: 71-77

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Handle: RePEc:kap:expeco:v:10:y:2007:i:1:p:71-77
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  1. Altavilla, Carlo & Luini, Luigi & Sbriglia, Patrizia, 2006. "Social learning in market games," Journal of Economic Behavior & Organization, Elsevier, vol. 61(4), pages 632-652, December.
  2. Steffen Huck & Hans-Theo Normann & Joerg Oechssler, 1998. "Does information about competitors' actions increase or decrease competition in experimental oligopoly markets?," Industrial Organization 9803004, EconWPA.
  3. Potters, J.J.M. & Rockenbach, B. & Sadrieh, A. & van Damme, E.E.C., 2003. "Collusion under Yardstick Competition : An Experimental Study," Discussion Paper 2003-97, Tilburg University, Center for Economic Research.
  4. repec:oup:restud:v:76:y:2009:i:3:p:1125-1147 is not listed on IDEAS
  5. Potters, J.J.M. & Suetens, S., 2006. "Cooperation in Experimental Games of Strategic Complements and Substitutes," Discussion Paper 2006-48, Tilburg University, Center for Economic Research.
  6. Hans Normann & Brian Wallace, 2004. "The Impact of the Termination Rule in Cooperation Experiments," Royal Holloway, University of London: Discussion Papers in Economics 04/11, Department of Economics, Royal Holloway University of London, revised Jul 2004.
  7. Rotemberg, Julio J, 1994. "Human Relations in the Workplace," Journal of Political Economy, University of Chicago Press, vol. 102(4), pages 684-717, August.
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