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Believing in correlated types in spite of independence : an indirect evolutionary analysis
Güth, Werner; Pezanis-Christou, Paul - In: Economics letters 134 (2015), pp. 1-3
Persistent link: https://www.econbiz.de/10011432094
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Endogenous price leadership : a theoretical and experimental analysis
Güth, Werner; Pull, Kerstin; Stadler, Manfred - 2014
We present a model of price leadership on homogeneous product markets where the price leader is selected endogenously. The price leader sets and guarantees a sales price to which followers adjust according to their individual supply functions. The price leader clears the market by serving the...
Persistent link: https://www.econbiz.de/10010233988
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Asymmetric auction experiments with(out) commonly known beliefs
Güth, Werner; Ivanova-Stenzel, Radosveta - In: Economics letters 80 (2003) 2, pp. 195-199
Persistent link: https://www.econbiz.de/10001774167