The way profits are divided within successful teams imposes different degrees of internal conflict. We experimentally … examine how the level of internal conflict, and whether such conflict is transparent to other teams, affects teams' ability to … between three-player teams which had either the same or different level of internal conflict (uniform vs. mixed). Profit …

In the economic literature on market competition, firms are often modelled as individual decision makers and the … competition. Nevertheless, there are models of team-organization such that team-firms and individual firms are behaviorally … equivalent. This provides a theoretical foundation for the unitary player assumption in Cournot competition. We show that this …

In the economic literature on market competition, firms are often modeled as single decision makers and the internal … can not generally expect that the behavior of teams is equivalent to the behavior of individuals in Cournot competition … theoretical foundation for the unitary player assumption in Cournot competition. We show that this assumption is robust in …

We run a market experiment where firms can choose not only their price but also whether to present comparable offers … offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …

We run a market experiment where firms can choose not only their price but also whether to present comparable offers … offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …

We run a market experiment where subjects take the role of firms and can choose not only their price but also whether … competition. Collusion lowers welfare for all consumers and is most frequent when many consumers prefer comparable offers. In …

We run a market experiment where firms can choose not only their price but also whether to present comparable offers … offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …