We thank University of Richmond for providing subject payments to conduct this experiment, and two anonymous referees and audiences at ESA and SEA conferences for valuable feedback. Justin Krieg and Jingjing Zhang provided excellent research assistance.
A LABORATORY STUDY OF DUOPOLY PRICE COMPETITION WITH PATIENT BUYERS
Article first published online: 16 JAN 2012
© 2012 Western Economic Association International
Volume 51, Issue 2, pages 1123–1141, April 2013
How to Cite
CASON, T. N. and MAGO, S. D. (2013), A LABORATORY STUDY OF DUOPOLY PRICE COMPETITION WITH PATIENT BUYERS. Economic Inquiry, 51: 1123–1141. doi: 10.1111/j.1465-7295.2011.00429.x
- Issue published online: 26 FEB 2013
- Article first published online: 16 JAN 2012
Additional Supporting Information may be found in the online version of this article:
APPENDIX S1. Experiment Instructions.
FIGURE S1. Seller's Decision Screen (Price Offers).
FIGURE S2. Buyer's Decision Screen When Two Prices Are Observed.
FIGURE S3. Buyer's Decision Screen When One Price Is Observed.
FIGURE S4. “Virtual” Dice Roll to Determine whether Period Ends Before All Buyers Purchased.
FIGURE S5. Example Seller Outcome Screen.
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