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The organisational form and potential harm caused by cartels are fundamentally dependent on the parameters of the coordination. In contrast to classical price cartels, where prices are coordinated and monitored, market allocation cartels permit cartelists to set prices independently....
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Other-regarding motivation is a fundamental determinant of public service provision. In health care, one example is physicians who act benevolently towards their patients when providing medical services. Such patient-regarding motivation seems closely associated with a personal sacrifice that...
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Bilateral bargaining situations are of great importance in reality. Traditional microeconomics, however, make cognitive and motivational assumptions of subjects` full rationality that are revealed as being unrealistic by a growing number of experimental investigations. The present book adds an...
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