Showing 1 - 4 of 4
exists a utility function that the choices maximize. We conduct a large-scale field experiment that enables us to test …
Persistent link: https://www.econbiz.de/10012461866
We analyze the incidence and welfare e¤ects of unit sales taxes in experimental monopoly and Bertrand markets. We nd, in line with economic theory, that rms with no market power are able to shift a high share of a tax burden on to consumers, independent of whether buyers are automated or human...
Persistent link: https://www.econbiz.de/10011090400
In this paper we study the effects of providing additional feedback about individual contributions and earnings on the dynamics of contributions in a repeated public good game. We include treatments where subjects can freely choose whether to obtain additional information about individual...
Persistent link: https://www.econbiz.de/10011090656
The common prior assumption is pervasive in game-theoretic models with incomplete information. This paper investigates experimentally the importance of inducing a common prior in a two-person signaling game. For a specific probability distribution of the sender’s type, the long-run behavior...
Persistent link: https://www.econbiz.de/10011091889