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Managers and students playing Cournot - evidence from duopoly and triopoly experiments

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  • Israel Waichman
  • Till Requate
  • Ch'ng Kean Siang

Abstract

This article reports results from Cournot duopoly and triopoly experiments with different subject pools: German students, Malaysian students and Malaysian managers. We find that Malaysian managers perform significantly more collusively than Malaysian students. We also find that country matters insofar as German students perform significantly more collusively than their Malaysian counterparts.

Suggested Citation

  • Israel Waichman & Till Requate & Ch'ng Kean Siang, 2011. "Managers and students playing Cournot - evidence from duopoly and triopoly experiments," Applied Economics Letters, Taylor & Francis Journals, vol. 18(2), pages 115-120.
    • Handle: RePEc:taf:apeclt:v:18:y:2011:i:2:p:115-120
    DOI: 10.1080/13504850903442988
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    References listed on IDEAS

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    1. Ernst Fehr & John A. List, 2004. "The Hidden Costs and Returns of Incentives-Trust and Trustworthiness Among CEOs," Journal of the European Economic Association, MIT Press, vol. 2(5), pages 743-771, September.
    2. Francisco Alpízar & Till Requate & Albert Schram, 2004. "Collective versus Random Fining: An Experimental Study on Controlling Ambient Pollution," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 29(2), pages 231-252, October.
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    Cited by:

    1. Waichman, Israel & Requate, Till & Siang, Ch’ng Kean, 2014. "Communication in Cournot competition: An experimental study," Journal of Economic Psychology, Elsevier, vol. 42(C), pages 1-16.

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