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, and is provision easier if outsiders gain a windfall profit? In an experiment we observe that both positive and negative …
Persistent link: https://www.econbiz.de/10014204524
We study the effect of voting when insiders' public goods provision may affect passive outsiders. Without voting insiders' contributions do not differ, regardless of whether outsiders are positively or negatively affected or even unaffected. Voting on the recommended contribution level enhances...
Persistent link: https://www.econbiz.de/10013044538
agreements - lead to higher prices in a Bertrand oligopoly could be because of a selection effect: decision-makers who are … hypothesis we run an experiment where participants play two consecutive Bertrand pricing games: first a standard version without …
Persistent link: https://www.econbiz.de/10012547790
In a semi-aggregative representation of a game, the payoff of a player depends on a player's own strategy and on a personalized aggregate of all players' strategies. Suppose that each player has a conjecture about the reaction of the personalized aggregate to a change in the player's own...
Persistent link: https://www.econbiz.de/10011504952
oligopoly as a linear public good …
Persistent link: https://www.econbiz.de/10014205721
oligopoly as a linear public good. -- Cartel ; Oligopoly ; Bertrand ; Cournot ; Public Good ; Externality ; Experiment …
Persistent link: https://www.econbiz.de/10003877116
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/10012507353
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/10012498512
We report experimental findings on the impact of network structure on decentralized monitoring and punishment in public goods games. In the environments we study, individuals can only directly monitor and punish their immediate neighbors in an exogenously determined network. We examine...
Persistent link: https://www.econbiz.de/10013040459
When members of one group encounter a norm violation committed by a member of another group, this antisocial behavior is often handled by picking a random member of the community to which the perpetrator belongs and by applying sanctions to him/her. Despite its prevalence, this kind of...
Persistent link: https://www.econbiz.de/10013242506