(i) Period 2 - 8 | (ii) Period 9 - 15 | ||||||||||||
My strategy in period t | My strategy in period t | ||||||||||||
Other firm strategy in period t-1 | LB | HB | LA | HA | N (obs.) | Other firm strategy in period t-1 | LB | HB | LA | HA | N (obs.) | ||
LB | 36% | 28% | 16% | 20% | 50 | LB | 57% | 7% | 18% | 18% | 28 | ||
HB | 24% | 49% | 11% | 16% | 45 | HB | 5% | 70% | 5% | 20% | 44 | ||
LA | 18% | 7% | 66% | 9% | 56 | LA | 6% | 1% | 90% | 3% | 78 | ||
HA | 16% | 16% | 16% | 53% | 45 | HA | 9% | 22% | 13% | 57% | 46 |