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Endogenous information disclosure in experimental oligopolies
Kopányi, Dávid; Kopányi-Peuker, Anita - 2015
conduct a laboratory experiment where firms decide only about their production levels first, and the information they receive … outcome. We consider an endogenous information setting where firms can freely decide whether they want to share information … about their past production levels. By voluntarily sharing information, firms can show their willingness to cooperate. We …
Persistent link: https://www.econbiz.de/10010530643
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From imitation to collusion : a comment
Oechssler, Joerg; Roomets, Alex; Roth, Stefan - 2015
In oligopoly, imitating the most successful competitor yields very competitive outcomes. This theoretical prediction …
Persistent link: https://www.econbiz.de/10010505929
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Sick Pay Provision in Experimental Labor Markets
Dürsch, Peter; Oechssler, Jörg; Vadovic, Radovan - 2008
Sick pay is a common provision in most labor contracts. This paper employs an experimental gift-exchange environment to explore two related questions using both managers and undergraduates as subjects. First, do workers reciprocate sick pay in the same way as they reciprocate wage payments?...
Persistent link: https://www.econbiz.de/10011422180
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Sick Pay Provision in Experimental Labor Markets
Dürsch, Peter; Oechssler, Jörg; Vadovic, Radovan - Alfred-Weber-Institut für Wirtschaftswissenschaften, … - 2008
Sick pay is a common provision in most labor contracts. This paper employs an experimental gift-exchange environment to explore two related questions using both managers and undergraduates as subjects. First, do workers reciprocate sick pay in the same way as they reciprocate wage payments?...
Persistent link: https://www.econbiz.de/10005150948
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Pricing in asymmetric two-sided markets : a laboratory experiment
Weghake, Jens; Erlei, Mathias; Keser, Claudia; Schmidt, … - 2018 - Version: April 2018
We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two …
Persistent link: https://www.econbiz.de/10011825236
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Oligopoly as a socially embedded dilemma: An experiment
Engel, Christoph; Zhurakhovska, Lilia - 2011
From the perspective of competitors, competition may be modeled as a prisoner's dilemma. Setting the monopoly price is cooperation, undercutting is defection. Jointly, competitors are better off if both are faithful to a cartel. Individually, profit is highest if only the competitor(s) is (are)...
Persistent link: https://www.econbiz.de/10010281843
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Give everybody a voice! The power of voting in a public goods experiment with externalities
Engel, Christoph; Rockenbach, Bettina - 2014
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...
Persistent link: https://www.econbiz.de/10010478914
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Give Everybody a Voice! The Power of Voting in a Public Goods Experiment with Externalities
Engel, Christoph; Rockenbach, Bettina - Max-Planck-Institut zur Erforschung von … - 2014
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...
Persistent link: https://www.econbiz.de/10011106491
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Give everybody a voice! : the power of voting in a public goods experiment with externalities
Engel, Christoph; Rockenbach, Bettina - 2014
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...
Persistent link: https://www.econbiz.de/10010429972
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Pricing in asymmetric two-sided markets: A laboratory experiment
Weghake, Jens; Erlei, Mathias; Keser, Claudia; Schmidt, … - 2018
We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two …
Persistent link: https://www.econbiz.de/10012042416