Similar Search Results

"Forward induction and the excess capacity puzzle: An experimental investigation"

Brandts, Jordi; Cabrales, Antonio; Charness, Gary - Departament d'Economia i Història Econòmica, … - 2003

While the theoretical industrial organization literature has long argued that excess capacity can be used to deter entry into markets, there is little empirical evidence that incumbent firms effectively behave in this way. Bagwell and Ramey (1996) propose a game with a specific sequence of moves...

Persistent link: https://www.econbiz.de/10005582630

Leadership and Overcoming Coordination Failure with Asymmetric Costs

Brandts, Jordi; Cooper, David J.; Fatas, Enrique - Departament d'Economia i Història Econòmica, … - 2006

We study how the heterogeneity of agents affects the extent to which changes in financial incentives can pull a group out of a situation of coordination failure. We focus on the connections between cost asymmetries and leadership. Experimental subjects interact in groups of four in a series of...

Persistent link: https://www.econbiz.de/10005572147

Let's talk: How communication affects contract design

Brandts, Jordi; Charness, Gary; Ellman, Matthew - Departament d'Economia i Història Econòmica, … - 2012

We study experimentally how the ability to communicate affects the frequency and effectiveness of flexible and inflexible contracts in a bilateral trade context where sellers can adjust trade quality after observing a post-contractual cost shock and a discretionary buyer transfer. In the absence...

Persistent link: https://www.econbiz.de/10010554806

Fair Procedures. Evidence from Games Involving Lotteries

Bolton, Gary E.; Brandts, Jordi; Ockenfels, Axel - Departament d'Economia i Història Econòmica, … - 2000

Procedural fairness plays a prominent role in the social discourse concerning the marketplace in particular, and social … characteristic of allocation fairness, is important to procedural fairness: in the context of a random offer game, a biased outcome … is more readily accepted when chosen by an unbiased random draw than by one that is biased. Procedural fairness is …

Persistent link: https://www.econbiz.de/10005572242

Organisational structure, communication and group ethics

Ellman, Matthew; Pezanis-Christou, Paul - Departament d'Economia i Història Econòmica, … - 2007

This paper investigates experimentally how organisational decision processes affect the moral motivations of actors inside a firm that must forego profits to reduce harming a third party. In a "vertical" treatment, one insider unilaterally sets the harm-reduction strategy; the other can only...

Persistent link: https://www.econbiz.de/10005168458

How Universal is Behavior? A Four Country Comparison of Spite, Cooperation and Errors in Voluntary Contribution Mechanisms

Brandts, Jordi; Saijo, Tatsuyoshi; Schram, Arthur - Departament d'Economia i Història Econòmica, … - 2002

This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of...

Persistent link: https://www.econbiz.de/10005168485

(When) Would I Lie To You? Comment on ?Deception: The Role of Consequences?

Hurkens, Sjaak; Kartik, Navin - Departament d'Economia i Història Econòmica, … - 2006

much she hurts an anonymous partner. We run new but similar experiments to those of Gneezy in order to test this hypothesis …

Persistent link: https://www.econbiz.de/10005168488

An Ordinal Shapley Value for Economic Environments (Revised Version)

Perez-Castrillo, David; Wettstein, David - Departament d'Economia i Història Econòmica, … - 2004

consistency and fairness and relying on properties satisfied by the Shapley value for Transferable Utility (TU) games. We show a …

Persistent link: https://www.econbiz.de/10005572200

Median Stable Matching for College Admission

Klaus, Bettina; Klijn, Flip - Departament d'Economia i Història Econòmica, … - 2004

for college admissions problems. Furthermore, we discuss the fairness properties of median stable matchings and conclude …

Persistent link: https://www.econbiz.de/10005572262

Fair and Efficient Student Placement with Couples

Klaus, Bettina; Klijn, Flip - Departament d'Economia i Història Econòmica, … - 2004

5.1). If in addition to pt- acyclicity we require ``reallocation-'' and ``vacancy-fairness'' for couples, the so …

Persistent link: https://www.econbiz.de/10005582634