Showing 1 - 10 of 22
We describe non-cooperative game models and discuss game theoretic solution<br/>concepts. Some applications are also noted. Conventional theory focuses on the<br/>question ‘how will rational players play?’, and has the Nash equilibrium at its core.<br/>We discuss this concept and its interpretations, as...
Persistent link: https://www.econbiz.de/10011144456
We analyze the incidence and welfare e¤ects of unit sales taxes in experimental monopoly and Bertrand markets. We nd, in line with economic theory, that rms with no market power are able to shift a high share of a tax burden on to consumers, independent of whether buyers are automated or human...
Persistent link: https://www.econbiz.de/10011090400
Persistent link: https://www.econbiz.de/10011090427
This paper investigates how a mandatory activation program in Denmark affects the job finding rate of unemployed workers.The activation program was introduced in an experimental setting where about half of the workers who became unemployed in the period from November 2005 to March 2006 were...
Persistent link: https://www.econbiz.de/10011090610
We report the results of an experiment designed to measure how well asset market prices track fundamentals when the …
Persistent link: https://www.econbiz.de/10011090651
In this paper we study the effects of providing additional feedback about individual contributions and earnings on the dynamics of contributions in a repeated public good game. We include treatments where subjects can freely choose whether to obtain additional information about individual...
Persistent link: https://www.econbiz.de/10011090656
We analyse gender differences in the trust game in a "behind the veil of ignorance" design.This method yields strategies that are consistent with actions observed in the classical trust game experiments.We observe that, on averge, men and women do not differ in "trust", and that women are...
Persistent link: https://www.econbiz.de/10011090864
conflict, abstracting from the mediators methods and techniques.We design an experiment where two-person conflicts are resolved …
Persistent link: https://www.econbiz.de/10011090929
Abstract: We summarize and review the literature on two types of economic experiments. First we discuss the use of experimental laboratories to testbed market solutions to issues in environmental policy. We concentrate on experiments with one and two-sided markets, and applications in the domain...
Persistent link: https://www.econbiz.de/10011091020
This paper reports the results of an experiment evaluating three regulatory schemes for network infrastructure, in …
Persistent link: https://www.econbiz.de/10011091044