An experimental study of adaptive behavior in an oligopolistic market game

被引：0
|
作者：
Nagel, R [1 ]
Vriend, NJ [1 ]
机构：
[1] Univ Pompeu Fabra, Barcelona, Spain
来源：
ECONOMIC EVOLUTION, LEARNING, AND COMPLEXITY | 2000年
关键词：
market game; oligopoly; adaptive behavior; learning;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We consider an oligopolistic market game, in which the players are competing firms in the same market of a homogeneous consumption good. The consumer side is represented by a fixed demand function. The firms decide how much to produce of a perishable consumption good, and they decide upon a number of information signals to be sent into the population in order to attract customers. Due to the minimal information provided, the players do not have a well-specified model of their environment. Our main objective is to characterize the adaptive behavior of the players in such a situation.
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页码：33 / 71
页数：39
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