کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
884321 912385 2009 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Cournot competition between teams: An experimental study
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Cournot competition between teams: An experimental study
چکیده انگلیسی

In the literature on market competition, firms are often modeled as individual decision makers and the internal organization of the firm is neglected (unitary player assumption). However, as the literature on strategic delegation suggests, one cannot generally expect that the behavior of teams is equivalent to the behavior of individuals in Cournot competition. Nevertheless, there are models of team-organizations such that team-firms and individual firms are behaviorally equivalent. This provides a theoretical foundation for the unitary player assumption in Cournot competition. We show that this assumption is robust in experiments, which is in contrast to experimental results on price competition.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 72, Issue 2, November 2009, Pages 691–702
نویسندگان
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