Experimental Duopoly in the Classroom (2006)
This in-class duopoly game experiment allows students to learn about strategies and equilibria. It is appropriate for use in undergraduate and graduate classes and takes about two hours to complete.
Experimental Duopoly in the Classroom (2006)
This in-class duopoly game experiment allows students to learn about strategies and equilibria. It is appropriate for use in undergraduate and graduate classes and takes about two hours to complete.
Experimental Duopoly in the Classroom (2006)
This in-class duopoly game experiment allows students to learn about strategies and equilibria. It is appropriate for use in undergraduate and graduate classes and takes about two hours to complete.
Experimental Duopoly in the Classroom (2006)
This in-class duopoly game experiment allows students to learn about strategies and equilibria. It is appropriate for use in undergraduate and graduate classes and takes about two hours to complete.
PASSENGER LEAKS AND THE FATE OF SMALL COMMUNITY AIR SERVICE (2005)
Phillips, Owen R., Weatherford, Larry R., Mason, Charles F., Kunce, Mitch
Using airline-booking data from Sabre, this article documents the proportion of passengers who drive and fly from a hub airport, rather than take a commuter flight. If fewer passengers leaked to a...
Passenger Leaks and the Fate of Small Community Air Service (2005)
Phillips, Owen R., Weatherford, Larry R., Mason, Charles F., Kunce, Mitch
Using airline-booking data from Sabre, this article documents the proportion of passengers who drive and fly from a hub airport, rather than take a commuter flight. If fewer passengers leaked to a...
By-Pass Oil Filter Test Two-Year Program (2004)
Mason, Charles F., Frame, Edwin A.
This two-year oil filter test program was conducted to evaluate the effectiveness of by-pass oil filters in maintaining the cleanliness and lubrication qualities of the engine oil, during normal...
INFORMATION SHARING AND TACIT COLLUSION IN LABORATORY DUOPOLY MARKETS (1999)
CASON, TIMOTHY N., MASON, CHARLES F.
This paper reports 45 laboratory duopoly markets that examine the importance of information sharing in facilitating tacit collusion under conditions of demand uncertainty. Sellers in these repeated...
INVESTIGATIONS CONCERNING THE DYNAMICS OF CONSUMER BEHAVIOR IN UNCERTAIN ENVIRONMENTS (1987)
COURSEY, DON L., MASON, CHARLES F.
This paper reports the results of several experiments investigating dynamic consumer behavior. When consumers know their incomes and prices but are uncertain about their preferences, we find that...
Imperfect Product Testing and Market Size.
Mason, Charles F, Sterbenz, Frederic P
The authors consider an imperfect test of product quality and ask how it interacts with adverse selection to affect market size. Although one might expect adverse selection to be mitigated, there are...
Entry Deterrence in the Commons.
Mason, Charles F, Polasky, Stephen
The authors analyze a common property resource model with a single incumbent firm that faces future potential entry of a rival. The cost of harvest from the resource is a function of the stock size....
In Support of Trigger Strategies: Experimental Evidence from Two-Person Noncooperative Games
Charles F. Mason, Owen R. Phillips
Cooperative equilibria can be supported in a repeated game when players use trigger strategies. This paper tests how well trigger strategies explain behavior in two-person experimental games....
Cooperation in the commons with unobservable actions
Tarui, Nori, Mason, Charles F., Polasky, Stephen, Ellis, Greg
The Optimal Number of Firms in the Commons: A Dynamic Approach.
Charles F. Mason, Stephen Polasky
The authors consider a common-property resource sold in imperfectly competitive markets. There is a dynamic externality (current harvests lower future stocks, raising future harvest costs) and a...
Market Regulation and Multimarket Rivalry
Owen R. Phillips, Charles F. Mason
Multimarket contact between duopolists in an X and Y market is modelled with a trigger strategy. We show that mildly restrictive price-cap regulation in the X market decreases Y market quantities;...
Mutual Forbearance in Experimental Conglomerate Markets
Owen R. Phillips, Charles F. Mason
We conduct economic experiments to gauge the level of cooperation between conglomerate rivals. First we run control experiments to observe cooperation between subjects acting as duopolists in one of...
Stephen Polasky, Charles F. Mason
We analyze the welfare effects of horizontal mergers in the context of a Counot oligopoly model in which firms have different marginal costs of production. A merger may allow for a shift from less...
Information And Cost Asymmetry In Experimental Duopoly Markets
Charles F. Mason, Owen R. Phillips
We analyze data from experimental duopoly markets to assess the role information plays in facilitating collusion. In these markets, profitability can be common knowledge or private information....
Duopoly Behavior in Asymmetric Markets: An Experimental Evaluation.
Mason, Charles F, Phillips, Owen R, Nowell, Clifford
Experimental duopolies are analyzed to answer two questions: Are asymmetric duopolies less likely to collude than symmetric duopolies? Is the time it takes to reach an equilibrium affected by...
Passenger Leaks and the Fate of Small Community Air Service
Owen R. Phillips, Larry R. Weatherford, Charles F. Mason, Mitch Kunce
Using airline-booking data from Sabre, this article documents the proportion of passengers who drive and fly from a hub airport, rather than take a commuter flight. If fewer passengers leaked to a...
Information Sharing and Tacit Collusion in Laboratory Duopoly Markets.
Cason, Timothy N, Mason, Charles F
This paper reports forty-five laboratory duopoly markets that examine the importance of information sharing in facilitating tacit collusion under conditions of demand uncertainty. Sellers in these...
Investigations Concerning the Dynamics of Consumer Behavior in Uncertain Environments.
Coursey, Don L, Mason, Charles F
This paper reports the results of several experiments investigating dynamic consumer behavior. When consumers know their incomes and prices but are uncertain about their preferences, the authors find...
Charles F. Mason, John A. List
An asymmetric information differential game is utilized to explore the normative issue: should environmental regulations be carried out locally or centrally? Modeling localities as having superior...
Co-optimization of Enhanced Oil Recovery and Carbon Sequestration
Andrew Leach, Charles F. Mason, Klaas Van't Veld
In this paper, we present what is to our knowledge the first theoretical economic analysis of CO2- enhanced oil recovery (EOR). This technique, which has been used successfully in a number of oil...
Betting on Extinction: Endangered Species and Speculation
Erwin H. Bulte, Charles F. Mason, Richard D. Horan
For a number of animal species, speculators are betting on future price increases by holding large stockpiles of commodities from the animal. We develop a model to explain this behavior. We derive...