Competition and Personality in a Restaurant Entry Game

Ted Bergstrom (), Parendo Shane and Sonstelie Jon
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Parendo Shane: Department of Economics, Tiffin University, Tiffin, OH, USA
Sonstelie Jon: Department of Economics, UCSB, Santa Barbara, California, USA

The B.E. Journal of Theoretical Economics, 2016, vol. 16, issue 1, 411-433

Abstract: We explore the question of whether personality traits as measured by standard psychological tests are significant explanators of behavior in an entry game. The experimental data and psychological test results come from classroom experiments designed to teach the concepts of short and long run equilibrium in a competitive market. These experiments were conducted in 42 classroom sessions, each with about 35 students.

Keywords: market entry; competitive equilibrium; personality; Myers-Briggs; classroom experiment (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1515/bejte-2015-0049

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