Gaechter, SimonSimonGaechterThoeni, ChristianChristianThoeniTyran, Jean-RobertJean-RobertTyran2023-04-132023-04-132006https://www.alexandria.unisg.ch/handle/20.500.14171/83561We describe a computerized experiment which can be used to introduce students to imperfect competition in courses on introductory economics, industrial organization, game theory, and strategy & management. In addition to introducing students to strategic thinking in general, the experiment serves to demonstrate that firm profits fall as the number of competitors is increased in a market, and that firms enter profitable markets. The authors have used the experiment in undergraduate classes on strategy and management as well as in MBA courses with great successenCournot competitionentryexitexperimentteachingjournal article