Search Results - subject:"Strategic delay"

Can communication mitigate strategic delays in investment timing?

Mermer, Ayse; Onderstal, Sander; Sonnemans, Joep - 2023

In economic environments, decision-makers can strategically delay irreversible investments to learn from the actions of others. This creates free-riding incentives and can lead to socially suboptimal outcomes. We experimentally examine if and how communication mitigates this free-riding problem...

Persistent link: https://www.econbiz.de/10014299600

Can Communication Mitigate Strategic Delays in Investment Timing?

Mermer, Ayse Gül; Onderstal, Sander; Sonnemans, Joep - 2022

others creating socially suboptimal outcomes. We investigate if and how communication mitigates the strategic delay in … introducing communication into this setting reduces strategic delay. We implement our model in a laboratory experiment utilizing a … significantly reduces the strategic delay and leads to earlier investment timings in the two-player case. In the case of four …

Persistent link: https://www.econbiz.de/10013427592

Can communication mitigate strategic delays in investment timing?

Mermer, Ayse; Onderstal, Sander; Sonnemans, Joep - 2022

Persistent link: https://www.econbiz.de/10013375345

Learning and strategic delay in a dynamic coordination game

Qi, Dengwei - 2022

Persistent link: https://www.econbiz.de/10014285211

Who goes first? Strategic delay under information asymmetry

Wagner, Peter A. - In: Theoretical Economics 13 (2018) 1, pp. 341-375

strategic delay on long-run beliefs and outcomes. Investment decisions are delayed when the information structure prohibits …

Persistent link: https://www.econbiz.de/10012010029

Who goes first? : strategic delay under information asymmetry

Wagner, Peter A. - In: Theoretical economics : TE ; an open access journal in … 13 (2018) 1, pp. 341-375

strategic delay on long-run beliefs and outcomes. Investment decisions are delayed when the information structure prohibits …

Persistent link: https://www.econbiz.de/10011855894

"You Quit?" Influence of Neighbor Experience and Exit on Small Farmer Market Participation

Michelson, Hope - Volkswirtschaftliche Fakultät, … - 2015

quit these markets. We also test for strategic delay by small farmers and estimate the price that some farmers may pay for … chain and that some farmers engage in strategic delay. Early adopters bear costs of their neighbors' "free riding" in the … form of higher product rejection rates and lower annual transactions with supermarkets. Evidence of strategic delay on the …

Persistent link: https://www.econbiz.de/10011183536

Open Access to Research Data: Strategic Delay and the Ambiguous Welfare Effects of Mandatory Data Disclosure

Mueller-Langer, Frank; Andreoli-Versbach, Patrick - 2014

Mandatory data disclosure is an essential feature for credible empirical work but comes at a cost: First, authors might invest less in data generation if they are not the full residual claimants of their data after their first publication. Second, authors might strategically delay the time of...

Persistent link: https://www.econbiz.de/10010377170

On the timing of climate agreements

Schmidt, Robert C.; Strausz, Roland - 2014

A central issue in climate policy is the question whether long-term targets for green- house gas emissions should be adopted. This paper analyzes strategic effects related to the timing of such commitments. Using a two-country model, we identify a redistributive effect that undermines long-term...

Persistent link: https://www.econbiz.de/10010427045

Open Access to Research Data: Strategic Delay and the Ambiguous Welfare Effects of Mandatory Data Disclosure

Mueller-Langer, Frank; Andreoli-Versbach, Patrick - 2014

Persistent link: https://www.econbiz.de/10010427706