Similar Search Results

Hefti, Andreas - 2011

I present a game-theoretic model where economic competition and attention competition are interdependent. On the one hand the effort to attract consumer attention depends on the value of attention to the firm which depends on the grade of price competition among all perceived firms. On the other...

Persistent link: https://www.econbiz.de/10009739425

Pre-play communication with forgone costly messages : experimental evidence on forward induction

Blume, Andreas; Kriss, Peter H.; Weber, Roberto A. - 2014 - Revised version, September 2014

-play messages. In a laboratory experiment, we modify communication by making the sending of messages optional and costly. Even small …We study communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre …

Persistent link: https://www.econbiz.de/10010402605

Do markets erode social responsibility?

Bartling, Björn; Weber, Roberto A. - 2013

This paper studies the stability of socially responsible behavior in markets. We develop a laboratory product market in which low-cost production creates a negative externality for third parties, but where alternative production with higher costs entirely mitigates the externality. Our data...

Persistent link: https://www.econbiz.de/10010208489

Coordination, efficiency and pre-play communication with forgone costly messages

Kriss, Peter H.; Blume, Andreas; Weber, Roberto A. - 2011

-play messages. In a laboratory experiment, we introduce two realistic features of communication by making the sending of messages …We examine communication in a two-player coordination game with Pareto-ranked equilibria. Prior research demonstrates … that efficient coordination is difficult without communication but obtains regularly with (mandatory) costless pre …

Persistent link: https://www.econbiz.de/10009740154

Local contraction-stability and uniqueness

Hefti, Andreas - 2013

In this paper we analyze R&D collaboration networks in industries where firms are competitors in the product market. Firms' benefits from collaborations arise by sharing knowledge about a cost-reducing technology. By forming collaborations, however, firms also change their own competitive...

Persistent link: https://www.econbiz.de/10009747220

Mixed equilibrium in a pure location game : the case of n ≥ 4 firms

Ewerhart, Christian - 2014

The Hotelling game of pure location allows interpretations in spatial competition, political theory, and professional forecasting. In this paper, the doubly symmetric mixed-strategy equilibrium for n ≥ 4 firms is characterized as the solution of a well-behaved boundary value problem. The...

Persistent link: https://www.econbiz.de/10010402687

Growing groups, cooperation, and the rate of entry

Ranehill, Eva; Schneider, Frédéric; Weber, Roberto A. - 2013 - This Version: May 7, 2013

We study the stability of voluntary cooperation in response to varying group growth rates. Using a laboratory public-good game, we construct a situation where increasing group size yields potential efficiency gains, but only with sustained cooperation. We then study the effect of exogenously...

Persistent link: https://www.econbiz.de/10009748765

Pivotality and responsibility attribution in sequential voting

Bartling, Björn; Fischbacher, Urs; Schudy, Simeon - 2015 - Revised version, April 2015

This paper analyzes responsibility attributions for outcomes of collective decision making processes. In particular, we ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process. We conduct an experimental voting game in which...

Persistent link: https://www.econbiz.de/10010243444

Job mission as a substitute for monetary incentives : experimental evidence

Cassar, Lea - 2014

laboratory experiment in which the choice of the job characteristics (i.e., the mission) is part of the compensation package that …

Persistent link: https://www.econbiz.de/10010414760

The value of top-down communication for organizational performance

Brandes, Leif; Darai, Donja - 2014

We design a laboratory experiment to identify causal performance effects of top-down communication between managers and … their subordinates. Our focus lies on communication that resolves uncertainty about the work environment but does not … provide task-specific knowledge. Recent articles in the business press report a lack of such communication in real …

Persistent link: https://www.econbiz.de/10010360301