Trade in Ideas by Eskil Ullberg

Author:Eskil Ullberg
Language: eng
Format: epub
Publisher: Springer New York, New York, NY

3.3 Overview of Experimental Design, Design Parameters, Market Performance, and the Sequence of the Experiment

I report findings from 24 experimental sessions using the design parameters listed in Table 3.1. A 3  ×  2 design was used for the study of prices and dynamic gains under three primary market institutions and two levels of presumed patent validity (designs 1–6). These were the independent variables.Table 3.1Experiments by institutional and legal environment

Institutional and legal environment

Competition

Contract values

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