Multiproduct activity in an experimental differentiated oligopoly

Authors
Garcia-Gallego, A Georgantzis, N
Citation
A. Garcia-gallego et N. Georgantzis, Multiproduct activity in an experimental differentiated oligopoly, INT J IND O, 19(3-4), 2001, pp. 493-518
Citations number
16
Categorie Soggetti
Economics
Journal title
INTERNATIONAL JOURNAL OF INDUSTRIAL ORGANIZATION
ISSN journal
01677187 → ACNP
Volume
19
Issue
3-4
Year of publication
2001
Pages
493 - 518
Database
ISI
SICI code
0167-7187(200103)19:3-4<493:MAIAED>2.0.ZU;2-O
Abstract
In a symmetric differentiated experimental oligopoly with multiproduct firm s we test the predictive power of the corresponding Bertrand-Nash equilibri a. Subjects are not informed on the specification of the underlying demand model. In the presence of intense multiproduct activity, and provided that a parallel pricing rule is imposed to multiproduct firms, strategies tend t o confirm the non-cooperative multiproduct solution. (C) 2001 Elsevier Scie nce B.V. All rights reserved.