A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of …

litigation costs and allow us to compute the pay-off matrix. We do not find evidence of a prisoner’s dilemma, given that the …

finding, discuss its applicability in war, litigation, and other settings, and test it in a laboratory experiment. We find …

negotiations following the production. By means of a laboratory experiment, we systematically investigate their role for the whole …

In this paper we conduct a laboratory experiment to test the extent to which Moore and Repullo’s subgame perfect … mechanism should - in theory - provide incentives for truth-telling, many buyers in fact believe that they can increase their …

In a series of experiments conducted in Belgium (Wallonia and Flanders), France and the Netherlands, we compare …

phenomena. However, the empirical foundation of social preferences is largely based on laboratory experiments with self …-selected students as participants. This is potentially problematic as students participating in experiments may behave systematically … experiments with student samples misrepresent the importance of social preferences. Our first study shows that students who …

strength. We then present three experiments that study main predictions and implications of the model. The first is a simple … principal-agent experiment that shows that consistency is valued by others and that this value is anticipated. The second … experiment underlines the crucial role of early commitment for consistency preferences. Finally we show how preferences for …