This chapter presents an overview of the existing learning models in the economic literature.
Furthermore, it discusses the choice of models that should be used under various …

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 …

We demonstrate that a simple model, constructed on the premise that people are motivated
by both their pecuniary payoff and their relative payoff standing, organizes a large and …

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 …

This paper provides a selective overview of the linkages and complementary topics in
behavioral economics and agricultural adoption literatures. The goal of the paper is to …

This paper examines whether the conclusions of standard supply-chain models carry over to
repeated supply-chain relationships. The past models assume profit-maximizing agents in …

This research examines results from laboratory experiments in which five human subjects
participate as sellers in a Cournot oligopoly environment. The central issue is whether …

Oligopoly has been among the first topics in experimental economics. Over half a century,
some 150 papers have been published. Each individual paper was interested in …

In this paper we study the effects of providing additional feedback about individual
contributions and/or earnings on contributions and the dynamics of contributions in a …

In this article we study a very simple trial and error learning process in the context of a
Cournot oligopoly. Without any knowledge of the payoff functions players increase …