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Entry and Competition in Differentiated Products Markets
Schaumans, C.B.C.; Verboven, F.L. - Tilburg University, Center for Economic Research - 2011
We propose a methodology for estimating the competition effects from entry when firms sell differentiated products. We … first derive precise conditions under which Bres- nahan and Reiss'entry threshold ratios (ETRs) can be used to test for the … presence and to measure the magnitude of competition effects. We then show how to augment the traditional entry model with a …
Persistent link: https://www.econbiz.de/10011092904
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Reducing Efficiency through Communication in Competitive Coordination Games
Cason, Timothy N.; Sheremeta, Roman M.; Zhang, Jingjing - Department of Economics, McMaster University - 2009
Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency by increasing individual payoffs in games with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending costly efforts....
Persistent link: https://www.econbiz.de/10008625833
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Information Feedback in Public-Bad Games : A Cross-Country Experiment
van der Heijden, Eline; Moxnes, E. - Tilburg University, Center for Economic Research - 1999
In this paper we examine the impact of information on individual contributions in a public-bad experiment. We compare two experimental treatments. In the partial information treatment, subjects are only informed about the total contributions by their group, whereas in the full information...
Persistent link: https://www.econbiz.de/10011090287
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Lindahl Equilibrium and Schweitzer's Open Club Model Semi-Public Goods
ten Raa, Thijs; Gilles, R.P. - Tilburg University, Center for Economic Research - 2003
Limit core allocations are the ones that remain in the core of a replicated economy.An equivalent notion for economies with public goods is Schweizer s concept of club e ciency under a variable number of economic agents.We extend this notion to economies with goods that have a semi-public...
Persistent link: https://www.econbiz.de/10011090319
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Law and Behaviours in Social Dilemmas : Testing the Effect of Obligations on Cooperation
Galbiati, R.; Vertova, P. - Tilburg University, Center for Economic Research - 2005
Laws consist of two components: the 'obligations' they express and the 'incentives' designed to enforce them.In this paper we run a public good experiment to test whether or not obligations have any independent effect on cooperation in social dilemmas.The results show that, for given marginal...
Persistent link: https://www.econbiz.de/10011090423
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What's causing overreaction? : An experimental investigation of recency and the hot hand effect
Offerman, T.J.S.; Sonnemans, J.H. - Tilburg University, Center for Economic Research - 1997
Persistent link: https://www.econbiz.de/10011090436
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Direct crowding out, optimal taxation and pollution abatement
Bovenberg, A.L.Bovenberg; van der Ploeg, F. - Tilburg University, Center for Economic Research - 1993
Persistent link: https://www.econbiz.de/10011090854
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Why Announce Leadership Contributions? An Experimental Study of the Signaling and Reciprocity Hypotheses
Potters, Jan; Sefton, M.; Vesterlund, L. - Tilburg University, Center for Economic Research - 2001
Why do fundraisers announce initial contributions to their charity?Potential explanations are that these announcements cause future donors to increase their contributions, either because they want to reciprocate the generosity of earlier donors, or because the initial contributions are seen as a...
Persistent link: https://www.econbiz.de/10011091127
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Hiding an Inconvenient Truth : Lies and Vagueness (Revision of DP 2008-107)
van Damme, Eric; Potters, Jan; Serra Garcia, M. - Tilburg University, Center for Economic Research - 2010
When truth conflicts with efficiency, can verbal communication destroy efficiency? Or are lies or vagueness used to hide inconvenient truths? We consider a sequential 2-player public good game in which the leader has private information about the value of the public good. This value can be low,...
Persistent link: https://www.econbiz.de/10011091313
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Club Efficiency and Lindahl Equilibrium with Semi-Public Goods
ten Raa, Thijs; Gilles, R.P. - Tilburg University, Center for Economic Research - 2000
Limit core allocations are the ones that remain in the core of a replicated economy. An equivalent notion for economies with public goods is Schweizer's club efficiency. We extend this notion to economies with goods that have a semi-public nature. The notion encompasses purely private as well as...
Persistent link: https://www.econbiz.de/10011091333