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Trust and reciprocity among international groups : experimental evidence from Austria and Japan
Akai, Kenju; Netzer, Robert J. - 2009
game played among groups from Austria and Japan. Our results were as follows: (i) When the groups interacted … an important implication in terms of a comparative analysis of group norms, not only between the EU and Japan but also …
Persistent link: https://www.econbiz.de/10003921745
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An experimental study of Japanese procurement auctions with endogenous minimum prices
Akai, Kenju; Saijō, Tatsuyoshi; Serizawa, Shigehiro - 2009
Several Japanese local governments started to add endogenous minimum prices to firstprice auctions in their public procurements. Any bid less than the endogenous minimum price is referred to as abnormally low and is excluded from the procurement procedure. The endogenous minimum price is...
Persistent link: https://www.econbiz.de/10003921759