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OLIGOPOLY EXPERIMENTS IN THE CURRENT MILLENNIUM
Author(s) -
Potters Jan,
Suetens Sigrid
Publication year - 2013
Publication title -
journal of economic surveys
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.657
H-Index - 92
eISSN - 1467-6419
pISSN - 0950-0804
DOI - 10.1111/joes.12025
Subject(s) - oligopoly , collusion , economics , competition (biology) , perspective (graphical) , convergence (economics) , microeconomics , industrial organization , categorization , focus (optics) , mathematical economics , econometrics , macroeconomics , computer science , cournot competition , artificial intelligence , ecology , physics , optics , biology
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 studies into three broad classes: (1) oligopoly competition from a static perspective, (2) dynamics, convergence, and learning, and (3) collusion and policy.