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donated to charity organizations. Our main results show that higher income induces tax fraud and that gender differences exist. …
Persistent link: https://www.econbiz.de/10009583891
In this paper, we experimentally investigate the extended game with action commitment of Hamilton and Slutsky (1990). In their duopoly game, firms can choose their quantities in one of two periods before the market clears. If a firm commits to a quantity in period 1 it does not know whether the...
Persistent link: https://www.econbiz.de/10009580476
We report on an experiment designed to compare Stackelberg and Cournot duopoly markets with quantity competition. For … each market we implement both a random matching and fixed-pairs version. Stackelberg markets yield, regardless of the … matching scheme, higher outputs than Cournot markets. Under random matching total quantities in Stackelberg markets are higher …
Persistent link: https://www.econbiz.de/10009580482
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competition and analyze the conditions for species survival. The second aspect refers to success in intraspecies competition of … (geno-) types as in evolutionary biology and game theory. Survival in inter- and intraspecies competition together with …
Persistent link: https://www.econbiz.de/10009578002
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Most models of labor markets and (un)employment neglect how competition among firms or sectors of the economy affects … by price competition. A special advantage of such a framework is that one can distinguish two kinds of employment effects …
Persistent link: https://www.econbiz.de/10009582404
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balance equilibrium) in such a complex strategic setting. In the experiment three participants play repeatedly the game …
Persistent link: https://www.econbiz.de/10009613600