We present a general overview of papers that employ laboratory experiments to study
oligopoly markets. We focus on papers that have been published since 2000. We categorize …

The wealth derived from natural resources can have a tremendous impact on the economics
and politics of producing countries. In the last quarter century, we have seen the surprising …

In this paper we investigate how the competitiveness of Cournot markets varies with the
number of firms in an industry. We review previous Cournot experiments in the literature …

We introduce a generalized theoretical approach to study imitation and subject it to rigorous
experimental testing. In our theoretical analysis we find that the different predictions of …

Leniency clauses, offering cartelists legal immunity if they blow the whistle on each other, is
a recent anti-trust innovation. The authorities wish to thwart cartels and promote competition …

In the face of global or regional environmental problems, do countries that take unilateral
actions inspire other countries to curtail emissions? The effect of leadership at the individual …

We study the effects of reputation and competition in a trust game. If trustees are
anonymous, outcomes are poor: trustees are not trustworthy, and trustors do not trust. If …

A number of studies have shown that peer punishment can sustain cooperation in public
good games. This paper shows that the format used to give subjects feedback is critical for …

We discuss the literatures on behavioral economics, bounded rationality and experimental
economics as they apply to firm behaviour in markets. Topics discussed include the impact …

Experimental sealed-bid first-price auctions with private values in which feedback on the
losing bids is provided yield lower revenues than auctions where this feedback is not given …