The effect of payoff tables on experimental oligopoly behavior

A-Tier
Journal: Experimental Economics
Year: 2012
Volume: 15
Issue: 3
Pages: 499-509

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We explore the effects of the provision of an information-processing instrument—payoff tables—on behavior in experimental oligopolies. In one experimental setting, subjects have access to payoff tables whereas in the other setting they have not. It turns out that this minor variation in presentation has non-negligible effects on participants’ behavior, particularly in the initial phase of the experiment. In the presence of payoff tables, subjects tend to be more cooperative. As a consequence, collusive behavior is more likely and quickly to occur. Copyright Economic Science Association 2012

Technical Details

RePEc Handle
repec:kap:expeco:v:15:y:2012:i:3:p:499-509
Journal Field
Experimental
Author Count
2
Added to Database
2026-01-25