Experimentally observed imitation and cooperation in price competition on the circle - Selten, Reinhard; Apesteguia, Jose (Games and economic behavior, 2005)
Keywords: Competition; Consumer behavior; Consumers; Cooperation; Economic models; Equilibrium; Experiments; Game theory; Human behaviour; Imitation; Location; Location of enterprises; Market planning; Market size; Market structure; Mathematical models; Microeconomics; Oligopoly; Price competition; Prices; Profit maximization; Profits; Studies; Willingness to pay; R32; Market size; Price competition; Cooperation; Imitation; C92; Experiments; C72; L13; Location