Game theory, the formalized study of strategy, began in the 1940s by asking how
emotionless geniuses should play games, but ignored until recently how average people …

Despite the contrast between the relative simplicity of the laboratory and the complexity of
most naturally occurring markets, there is a well-established tradition of experimental …

We overview the use of field experiments in labor economics. We showcase studies that
highlight the central advantages of this methodology, which include:(i) using economic …

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 …

Theoretical models of spatial product differentiation indicate that firms face two opposing
incentives:(1) minimize differentiation in order to “steal” customers from competitors, and (2) …

Fighting collusion Regulation of communication between firms This paper is an attempt to
create a coherent approach to the design of competition policy enforcement against …

The television game show The Price Is Right is used as a laboratory to conduct a preference-
free test of rational decision theory in an environment with substantial economic incentives. It …

Bertrand supergames with non‐binding communication are used to study price formation
and stability of collusive agreements on experimental duopoly markets. The experimental …

Kohsaka, Hiroyuki. Three-Dimensional Representation and Estima tion of Retail Store
Demand by Bicubic Splines Journal of Retailing, vol. 68, No. 2., Summer 1992, pp. 221-241 …

This study examines freeform non-binding communication and simplification as devices to
facilitate cooperative outcomes using a fixed-price location choice duopoly in the spirit of …