By: |
Fonseca,Miguel A.;
Mueller,Wieland;
Normann,Hans-Theo (Tilburg University, Center for Economic Research) |
Abstract: |
In this paper we experimentally investigate the extended game with observable
delay of Hamilton and Slutsky (Games Econ. Beh., 1990). Firms bindingly
announce a production period (one out of two periods) and then they produce in
the announced sequence. Theory predicts simultaneous production in period one
but we find that a substantial proportion of subjects choose the second period. |
JEL: |
C72 C92 D43 |
Date: |
2005 |
URL: |
http://d.repec.org/n?u=RePEc:dgr:kubcen:200577&r=exp |