Estimating dynamic games of oligopolistic competition: an experimental investigation
We evaluate standard assumptions in the estimation of dynamic oligopoly models with laboratory data. Using an entry/exit game, we estimate structural parameters under the assumption that the data are generated by a Markov-perfect equilibrium and subsequently predict counterfactual behavior. If behav...
| Main Authors: | , |
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| Other Authors: | , |
| Format: | Article |
| Language: | English |
| Published: |
Wiley,
2021-04-05T20:03:33Z.
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| Subjects: | |
| Online Access: | Get fulltext |