Narrow search
Showing 1 - 10 of 59
Cover Image
Oligopoly as a Socially Embedded Dilemma. An Experiment
Engel, Christoph; Zhurakhovska, Lilia - Max-Planck-Institut zur Erforschung von … - 2011
From the perspective of competitors, competition may be modeled as a prisoner’s dilemma. Setting the monopoly price is …, with either a negative externality on a third participant, uncertainty about gains from cooperation, or both. Uncertainty … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If …
Persistent link: https://www.econbiz.de/10009021689
Cover Image
Behavioral Law and Economics: Empirical Methods
Engel, Christoph - Max-Planck-Institut zur Erforschung von … - 2013
methods: field evidence, survey data, vignette and lab experiment, discusses their pros and cons, illustrates them with key …
Persistent link: https://www.econbiz.de/10010662711
Cover Image
Fairness and Persuasion. How Stakeholder Communication Affects Impartial Decision Making
Kleine, Marco; Langenbach, Pascal; Zhurakhovska, Lilia - Max-Planck-Institut zur Erforschung von … - 2014
We study experimentally whether and to what extent impartial decision makers are influenced by stakeholders’ fairness opinions in an allocation decision. The setting allows for different focal fairness rules to be considered. We compare communication treatments, in which one of the...
Persistent link: https://www.econbiz.de/10010751924
Cover Image
Symmetric vs. Asymmetric Punishment Regimes for Bribery
Engel, Christoph; Goerg, Sebastian; Yu, Gaoneng - Max-Planck-Institut zur Erforschung von … - 2012
corruption. For this purpose, we designed and ran a lab experiment in Bonn (Germany) and Shanghai (China) with exactly the same …
Persistent link: https://www.econbiz.de/10010671660
Cover Image
Words Substitute Fists – Justifying Punishment in a Public Good Experiment
Engel, Christoph; Zhurakhovska, Lilia - Max-Planck-Institut zur Erforschung von … - 2013
controlled conditions, we have conducted a public goods experiment with central punishment. The authority is neutral – she does …
Persistent link: https://www.econbiz.de/10010731963
Cover Image
Give Everybody a Voice! The Power of Voting in a Public Goods Experiment with Externalities
Engel, Christoph; Rockenbach, Bettina - Max-Planck-Institut zur Erforschung von … - 2014
We study the effect of voting when insiders’ public goods provision may affect passive outsiders. Without voting insiders’ contributions do not differ, regardless of whether outsiders are positively or negatively affected or even unaffected. Voting on the recommended contribution level...
Persistent link: https://www.econbiz.de/10011106491
Cover Image
Auction Mechanisms and Bidder Collusion: Bribes, Signals and Selection
Llorente-Saguer, Aniol; Ro'i Zultan - Max-Planck-Institut zur Erforschung von … - 2014
The theoretical literature on collusion in auctions suggests that the first-price mechanism can deter the formation of bidding rings. In equilibrium, collusive negotiations are either successful or are avoided altogether, hence such analysis neglects the effects of failed collusion attempts. In...
Persistent link: https://www.econbiz.de/10011106492
Cover Image
Effort and Redistribution: Better Cousins Than One Might Have Thought
Buch, Claudia M.; Engel, Christoph - Max-Planck-Institut zur Erforschung von … - 2012
aversion to inequity is sufficiently strong, even individuals with high ability may support redistribution. In a lab experiment …
Persistent link: https://www.econbiz.de/10010895278
Cover Image
The Coevolution of Behavior and Normative Expectations. Customary Law in the Lab
Engel, Christoph; Kurschilgen, Michael - Max-Planck-Institut zur Erforschung von … - 2011
Customary law has been criticized from very different angles. Rational choice theorists claim that what looks like custom is nothing but self-interest. Positivists doubt that anything beyond consent assumes the force of law. In this paper, we adopt an experimental approach to test these claims....
Persistent link: https://www.econbiz.de/10010535930
Cover Image
Effects of exclusion on social preferences
Fischer, Sven; Güth, Werner - Max-Planck-Institut zur Erforschung von … - 2011
In three party ultimatum games the proposer can first decide whether to exclude one responder, what increases the available pie. The experiments control for intentionality of exclusion and veto power of the third party. We do not find evidence for indirect reciprocity of the remaining responder...
Persistent link: https://www.econbiz.de/10010541288