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We report an experiment designed to study bargaining behavior between one buyer and multiple sellers with complementarity and how it is influenced by fairness concern and information transparency. We base our setup on a structured alternating-offer bargaining model in which a buyer procures...
Persistent link: https://www.econbiz.de/10015073214
Focusing on sellers' pricing decisions and the ensuing seller-buyer interactions, we report an experiment on dynamic pricing with scarcity in the form of capacity constraints. Rational expectations equilibrium solutions are constructed and then tested experimentally with subjects assigned the...
Persistent link: https://www.econbiz.de/10011852727
Persistent link: https://www.econbiz.de/10010402190
Persistent link: https://www.econbiz.de/10011296749
Persistent link: https://www.econbiz.de/10011970017
Focusing on sellers’ pricing decisions and the ensuing seller-buyer interactions, we report an experiment on dynamic pricing with scarcity in the form of capacity constraints. Rational expectations equilibrium solutions are constructed and then tested experimentally with subjects assigned the...
Persistent link: https://www.econbiz.de/10011849205
Persistent link: https://www.econbiz.de/10012118573