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Credible Communication and Cooperation: Experimental Evidence from Multi-stage Games

Andersson, Ola; Wengström, Erik - Institutet för Näringslivsforskning (IFN) - 2011

It is well known that communication often serves as a facilitator for cooperation in static games. Yet, communication can serve entirely different purposes in dynamic settings as communication during the game may work as a means for renegotiation, potentially undermining the credibility of...

Persistent link: https://www.econbiz.de/10009323348

The Insider's Dilemma: An Experiment on Merger Formation.

Lindqvist, T.; Stennek, J. - Institutet för Näringslivsforskning (IFN) - 2001

This paper tests the insiders' dilemma hypothesis in a laboratory experiment. The insiders' dilemma means that a profitable merger does not occur, because it is even more profitable for each firm to unilaterally stand as an outsider (Kamien and Zang, 1990 and 1993). The experimental data...

Persistent link: https://www.econbiz.de/10005780368

Correcting Mistakes: Cognitive Dissonance and Political Attitudes in Sweden and the United States

Elinder, Mikael - Institutet för Näringslivsforskning (IFN) - 2009

Cognitive dissonance theory predicts that the act of voting makes people more positive toward the party or candidate … turnout provided by the voting age restriction. I improve on previous studies by investigating political attitudes, measured … just before elections, when they are highly predictive of voting. In contrast to earlier studies I find no effect of voting …

Persistent link: https://www.econbiz.de/10004964395

Fines, Leniency and Rewards in Antitrust: An Experiment

Bigoni, Maria; Fridolfsson, Sven-Olof; Le Coq, Chloé; … - Institutet för Näringslivsforskning (IFN) - 2008

This paper reports results from an experiment studying how fines, leniency programs and reward schemes for whistleblowers affect cartel formation and prices. Antitrust without leniency reduces cartel formation, but increases cartel prices: subjects use costly fines as (altruistic) punishments....

Persistent link: https://www.econbiz.de/10005419507

The Insiders' Dilemma: An Experiment on Merger Formation

Lindqvist, Tobias; Stennek, Johan - Institutet för Näringslivsforskning (IFN) - 2001

Persistent link: https://www.econbiz.de/10005645424

Bubbles and Experience: An Experiment on Speculation

Dufwenberg, Martin; Lindqvist, Tobias; Moore, Evan - Institutet för Näringslivsforskning (IFN) - 2003

We investigate experimentally how the share of experienced traders in double-auction asset markets affects trading, in particular the occurrence of bubble-crash pricing patterns. In each session, six subjects trade in three successive market rounds and gain experience. In a fourth round,...

Persistent link: https://www.econbiz.de/10005645444

Trust, Leniency and Deterrence

Bigoni, Maria; Fridolfsson, Sven-Olof; Le Coq, Chloe; … - Institutet för Näringslivsforskning (IFN) - 2011

This paper presents results from a laboratory experiment studying the channels through which different law enforcement strategies deter cartel formation. With leniency policies offering immunity to the first reporting party, a high fine is the main determinant of deterrence, having a strong...

Persistent link: https://www.econbiz.de/10008802525

Political Polarization and the Size of Government

Lindqvist, Erik; Östling, Robert - Institutet för Näringslivsforskning (IFN) - 2008

We study the effect of political polarization on government spending and redistribution using the dispersion of self-reported political preferences as our measure of polarization. Politically polarized countries have lower levels of redistribution and government consumption. The relationship...

Persistent link: https://www.econbiz.de/10005645372

Productivity Change in Public Service - The Case of Swedish Social Insurance Offices

Bjurek, Hans; Hjalmarsson, Lennart; Forsund, Finn R. - Institutet för Näringslivsforskning (IFN) - 1989

No abstract.

Persistent link: https://www.econbiz.de/10010818503

Rich Man’s War, Poor Man’s Fight? Socioeconomic Representativeness in the Modern Military

Asoni, Andrea; Sanandaji, Tino - Institutet för Näringslivsforskning (IFN) - 2013

Historically, the American armed forces were disproportionally drawn from lower socioeconomic backgrounds. A transition toward a smaller and more selective military has changed this tendency. Since the armed forces do not gather data on recruits’ family income, previous studies relied on...

Persistent link: https://www.econbiz.de/10011103286