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Strategic delegation in experimental markets
Huck, Steffen; Müller, Wieland; Norman, Hans-Theo - 2000
contracts which determine their managers' salaries. One contract simply gives managers incentives to maximize firm profits …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is … only rarely chosen in the experimental markets. This behavior is rational given that managers do not play according to the …
Persistent link: https://www.econbiz.de/10009781566
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Learning in Cournot oligopoly : an experiment
Huck, Steffen - 1998
Persistent link: https://www.econbiz.de/10000995780
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Learning in Cournot oligopoly : an experiment
Huck, Steffen; Normann, Hans-Theo; Oechssler, Joerg - In: The economic journal : the journal of the Royal … 109 (1999), pp. 80-95
Persistent link: https://www.econbiz.de/10001380939
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Divisionalization in contests
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2000
Persistent link: https://www.econbiz.de/10001470730
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Merger without cost advantages
Huck, Steffen (contributor); Konrad, Kai A. (contributor);  … - 2005
The seminal paper by Salant, Switzer and Reynolds (1983) showed that merger in a standard Cournot framework with linear demand and linear costs is not profitable unless a large majority of the firms are involved in the merger. However, many strategic aspects matter for firm competition such as...
Persistent link: https://www.econbiz.de/10002757958
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Divisionalization in contests
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - In: Economics letters 70 (2001) 1, pp. 89-93
Persistent link: https://www.econbiz.de/10001534754
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Deferred compensation and gift exchange : an experimental investigation into multi-period labor markets
Huck, Steffen (contributor); Seltzer, Andrew (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002115504
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Deferred compensation in multiperiod labor contracts : an experimental test of Lazear's model
Huck, Steffen; Seltzer, Andrew; Wallace, Brian - In: The American economic review 101 (2011) 2, pp. 819-843
Persistent link: https://www.econbiz.de/10009248230
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Imitation : theory and experimental evidence
Alpesteguia, Jose; Huck, Steffen; Oechssler, Joerg - 2003
We introduce a generalized theoretical approach to study imitation models and subject themodels to rigorous experimental testing. In our theoretical analysis we find that the differentpredictions of previous imitation models are due to different informational assumptions, notto different...
Persistent link: https://www.econbiz.de/10011509505
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From imitation to collusion : long-run learning in a low-information environment
Friedman, Daniel; Huck, Steffen; Oprea, Ryan; … - In: Journal of economic theory 155 (2015), pp. 185-205
Persistent link: https://www.econbiz.de/10011326852