Re-matching, information and sequencing effects in posted offer markets
研究了标价寡头实验中是否提供市场信息、是否重新匹配卖家以及改变顺序等程序变化对结果的影响,发现这些变化会产生显著效应,提醒学者在解读实验结果时需考虑所选程序。
Abstract This paper evaluates the effects of some standard procedural variations on outcomes in posted offer oligopoly experiments. Variations studied include the presence or absence of market information, the use of re-matched or fixed seller pairs and alterations in the order of sequencing. Experimental results indicate that such variations can have first order effects on outcomes. For this reason, we recommend that results in oligopoly experiments be carefully interpreted in light of the procedures selected.