Narrow search
Showing 1 - 10 of 1,448
Cover Image
Imitation and the evolution of Walrasian behavior: theoretically fragile but behaviorally robust
Apesteguia, José; Huck, Steffen; Oechssler, Jörg; … - 2008
A well-known result by Vega-Redondo (1997) implies that in symmetric Cournot oligopoly, imitation leads to the … identical actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility …
Persistent link: https://www.econbiz.de/10010270592
Cover Image
Behavioural Responses to Unfair Institutions : Experimental Evidence on Rule Compliance, Norm Polarisation and Trust
Columbus, Simon; Kasper, Matthias; Feld, Lars P.; … - 2023
and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce …
Persistent link: https://www.econbiz.de/10014345629
Cover Image
The Team Allocator Game : Allocation Power in Public Goods Games
Karakostas, Alexandros; Matzat, Dominik; Riewe, Gerhard; … - 2021
We analyze linear, weakest-link and best-shot public goods games in which a distinguished team member, the team allocator, has property rights over the benefits from the public good and can distribute them among team members. These team allocator games are intended to capture natural asymmetries...
Persistent link: https://www.econbiz.de/10013231971
Cover Image
Gender and Collusion
Haucap, Justus; Heldman, Christina; Rau, Holger Andreas - 2022
the literature in industrial economics neglects individuals’ incentives to form cartels. Although oligopoly experiments …’ collusive behaviour in a within-subjects setting. In the first game, subjects have no information on other players, whereas they …
Persistent link: https://www.econbiz.de/10013296722
Cover Image
Reciprocity and emotions when reciprocators know each other
Reuben, Ernesto; van Winden, Frans - 2006
This is an experimental study of a three-player power-to-take game where a take authority is matched with two responders. The game consists of two stages. In the first stage, the take authority decides how much of the endowment of each responder that is left after the second stage will be...
Persistent link: https://www.econbiz.de/10010261421
Cover Image
The Team Allocator Game: Allocation Power in Public Goods Games
Karakostas, Alexandros; Kocher, Martin G.; Matzat, Dominik - 2021
We analyze linear, weakest-link and best-shot public goods games in which a distinguished team member, the team allocator, has property rights over the benefits from the public good and can distribute them among team members. These team allocator games are intended to capture natural asymmetries...
Persistent link: https://www.econbiz.de/10012582086
Cover Image
Taxation and market power
Konrad, Kai A.; Morath, Florian; Müller, Wieland - 2009
We analyze the incidence and welfare effects of unit sales taxes in experimental monopoly and Bertrand markets. We find, in line with economic theory, that firms 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...
Persistent link: https://www.econbiz.de/10010332970
Cover Image
Induced Price Leadership and (Counter-)Spying Rivals' Play Under Incomplete Information
Fan, Cuihong - 2019
We analyze spying out a rival’s price in a Bertrand market game with incomplete information. Spying transforms a … becomes self-defeating. The spy may also be a counterspy or be fooled to report strategically distorted information. This …
Persistent link: https://www.econbiz.de/10012892109
Cover Image
Imitation - Theory and Experimental Evidence
Alpesteguia, Jose; Huck, Steffen; Oechssler, Jörg - 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 …. In alaboratory experiment we test the different theories by systematically varying informationconditions. We find that …
Persistent link: https://www.econbiz.de/10010315943
Cover Image
Merger without cost advantages
Huck, Steffen; Konrad, Kai A.; Mueller, Wieland - 2005
making, information aspects of competition, or the imbeddedness of firm competition in a strategic trade competition game …
Persistent link: https://www.econbiz.de/10010261187