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Experiments Investigating Market Power - book by Isaac, R.M.;Holt, C.A.
The book entitled: "Experiments Investigating Market Power" is in the Industrial Organization Books section of Economics, Business and Management Books area...
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DESCRIPTION: This is the second volume in the series Research in Experimental Economics that is organized as a compilation of papers on the same topic. Our first such collection (on emissions permit trading experiments) appears to have been well received. The topic for this volume is market power. This is a fitting theme as laboratory experiments have been used to study market behavior and performance from the very beginning. The construction of this volume is largely the same as the one on emission permits. Unlike the earlier "open submission" volumes, the papers were either known to us or were requested by us, and we provided the editorial reviews.
The papers are arranged into four themed sections with two papers each. The topics include antitrust policy, market power in oligopolistic markets, true monopoly markets, and collusion and communication among firms.
Taken as a group these papers reveal the advantages of using laboratory exper
TABLE OF CONTENTS: List of contributors.
Preface.
Antitrust: Results from the laboratory (C.P. Wellford).
Experimental methods and antitrust policy (D.D. Davis, B.J. Wilson).
Two or four firms: does it matter? (R.M.Isaac, S.S. Reynolds).
Supra-competitive prices and market power in posted-offer markets (D.D. Davis, et al.).
An experimental investigation of coase's conjecture on durable-goods monopoly pricing (S.S. Reynolds).
Monopoly power and terms of trade (R.Michelitsch, P. Kujal).
Information in repeated experimental cournot games (L. Bru, et al.).
Avoidable cost: can collusion succeed where competition fails? (G. Archibald, et al.).
AUTHORS: Isaac, R.M.;Holt, C.A.
PAGES: 348 pages
PUBLISH DATE: 01/11/2002
ISBN Number: 0-7623-0964-4
USA Book Price: $99.95
UK Book Price: £66.95
Thank you for shopping on Buy Science Books.org for Experiments Investigating Market Power by Isaac, R.M.;Holt, C.A. in the Economics, Business and Management / Industrial Organization Books Products Category.