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The Divergent Effects of Long-Term and Short-Term Entry Investments on Home Market Cartels

Cracau, Daniel; Sadrieh, Abdolkarim - Fakultät für Wirtschaftswissenschaft, … - 2014

in a setting with home market asymmetries as is typical for global competition. In our multimarket duopoly experiment …

Persistent link: https://www.econbiz.de/10010758357

Bargaining power does not matter when sharing losses - Experimental evidence of Inequality Aversion in the Nash bargaining game

Kroll, Eike; Morgenstern, Ralf; Neumann, Thomas; … - Fakultät für Wirtschaftswissenschaft, … - 2012

experiment consists of four versions of the Nash bargaining game, which vary in a way that allows a comparison of four classical …

Persistent link: https://www.econbiz.de/10010556675

An experimental study of mixed strategy equilibria in simultaneous price-quantity games

Cracau, Daniel; Franz, Benjamin - Fakultät für Wirtschaftswissenschaft, … - 2012

We study oligopoly games with firms competing in prices and quantities at the same time. We systematically compare our experimental results to the theoretical predictions using the mixed strategy equilibria for linear demand functions. For the duopoly game, we observe that the mixed strategy...

Persistent link: https://www.econbiz.de/10010569808

The Dynamics of Individual Preferences in Repeated Public Good Experiments

Sass, Markus; Weimann, Joachim - Fakultät für Wirtschaftswissenschaft, … - 2012

We investigate the stability of individual behavior in a repeated public good experiment over time by reinviting … behavior. We observe that, in the first wave of the experiment, subjects contribute to the public good in accordance to other …-regarding preferences, but become more selfish in the latter waves of the experiment and consequently contributions to the public good …

Persistent link: https://www.econbiz.de/10010612997

Coexistence of small and dominant firms in Bertrand competition: Judo economics in the lab

Sadrieh, Abdolkarim; Cracau, Daniel - Fakultät für Wirtschaftswissenschaft, … - 2013

The theory of "Judo Economics" describes an optimal entry strategy for small firms. Using a capacity limitation, small firms force dominant market incumbents to accommodate. In this article, we study the power of Judo economics as an entry strategy in different market environments. We find...

Persistent link: https://www.econbiz.de/10010635811

A comparison of Candle Auctions and Hard Close Auctions with Common Values

Füllbrunn, Sascha - Fakultät für Wirtschaftswissenschaft, … - 2009

With this study, we contribute to the literature of auction design by presenting a new auction format: the Candle auction, a popular auction in the Middle Ages. Considering a common value framework, we theoretically and experimentally point out that the Candle auction, where bidding is allowed...

Persistent link: https://www.econbiz.de/10005004089

Do Players’ Beliefs or Risk Attitudes Determine The Equilibrium Selections in 2x2 Coordination Games?

Neumann, Thomas; Vogt, Bodo - Fakultät für Wirtschaftswissenschaft, … - 2009

choices in 2x2 coordination games. In a laboratory experiment, we elicit the risk attitudes by using lottery choices …

Persistent link: https://www.econbiz.de/10008514730

Stochastic Deadlines: A Comparison of Parallel Multiple Auction Designs

Füllbrunn, Sascha; Hoppe, Tim - Fakultät für Wirtschaftswissenschaft, … - 2009

In online auction platforms, offers are listed side by side and may end at the same point in time. While theoretical studies predict efficient coordination across auctions, experimental and empirical studies observe efficiency losses, i.e. goods remain unsold. In order to mitigate this...

Persistent link: https://www.econbiz.de/10005042476

The Impact of Cheap Talk on Supply Chain Performance in Case of Asymmetric Information: An Experimental Investigation

Inderfurth, Karl; Sadrieh, Abdolkarim; Voigt, Guido - Fakultät für Wirtschaftswissenschaft, … - 2008

and a buyer in a lotsizing framework. A laboratory experiment was conducted to test, whether this costless pre …

Persistent link: https://www.econbiz.de/10005533243

Selfish in the end? An investigation of consistency and stability of individual behaviour

Brosig, Jeanette; Riechmann, Thomas; Weimann, Joachim - Fakultät für Wirtschaftswissenschaft, … - 2007

This paper puts three of the most prominent specifications of ‘other-regarding’ preferences to the experimental test, namely the theories developed by Charness and Rabin, by Fehr and Schmidt, and by Andreoni and Miller. In a series of experiments based on various dictator and prisoner’s...

Persistent link: https://www.econbiz.de/10005533258