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We investigate the effects of alternative open access regimes on market performance. In particular, by means of an economic laboratory experiment we compare the market outcomes under unregulated wholesale competition, under a price-fixing rule (where firms must maintain their wholesale price for...
Persistent link: https://www.econbiz.de/10011445891
We systematically investigate the relationship between the number of firms in a market and tacit collusion by means of a meta-analysis of the literature on oligopoly experiments as well as two of our own experiments with a total of 368 participants. We show that the degree of tacit collusion...
Persistent link: https://www.econbiz.de/10012937619
Consumers often lack information about how online services collect, use and protect their data. Therefore, transparency is frequently touted as an essential instrument to support consumers in assessing privacy risks and making more informed decisions. In this context, empirical studies have...
Persistent link: https://www.econbiz.de/10013310466
Experimental investigations of privacy decision-making can provide complementary insights to surveys but they raise the methodological challenge of which data type(s) to use in controlled laboratory environments. To this end, we conduct a laboratory experiment with 317 participants and elicit...
Persistent link: https://www.econbiz.de/10014096944