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Often in cooperative situations, many aspects of the decision-making environment are uncertain. We investigate how cooperation is shaped by the way information about risk is presented (from description or from experience) and by differences in risky environments. Drawing on research from risky...
Persistent link: https://www.econbiz.de/10010565810
efficiency under mild competition. The eect of competition on the equilibrium strategy is dierent depending on which class of … show that the eect of competition on efficiency is dierent between the common value and the private value setting. Strong … competition leads to the least efficient equilibrium for the common value setting but efficiency can be improved by competition in …
Persistent link: https://www.econbiz.de/10008751292
offers especially when many consumers prefer comparable offers. This occurs after initial periods with strong competition and … leads to lower welfare for all consumers. In treatments where firms cannot monitor the competition, firms end up having to …
Persistent link: https://www.econbiz.de/10010942823
.e., firms competing on multiple structurally unrelated markets, can effectively limit competition. Our more general analysis … effects of forbearance and repeated interaction. Surprisingly, conglomerate firms do not limit competition, they rather foster …
Persistent link: https://www.econbiz.de/10008466105
comes to preferences regarding competition. We take a different point of view and claim that gender-task stereotypes are … women self-select significantly less into competition against men only in the quantitative task. This finding suggests that … remaining gender differences for entry into competition are driven by gender-task stereotypes. As a robustness check, we explore …
Persistent link: https://www.econbiz.de/10008487471
We experimentally investigate competition in innovation in a patent race scenario. Pairs of subjects compete as seller … competition as measured by sales shares, while for others no correlation is ascertained. Heterogeneity in individual risk …
Persistent link: https://www.econbiz.de/10005090501
In this paper, we use stochastic dynamic programming to model the choice of a municipality which has to design an optimal waste management program under uncertainty about the price of recyclables in the secondary market. The municipality can, by undertaking an irreversible investment, adopt a...
Persistent link: https://www.econbiz.de/10010598091
We analyze the effect of investments in corporate social responsibility (CSR) on workers' motivation. In our experiment, a gift exchange game variant, CSR is captured by donating a certain share of profits to a charity. We are testing for CSR effects by varying the possible share of profits...
Persistent link: https://www.econbiz.de/10009144129
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 games used by Selten and Chmura (2008) and in the comment by Brunner, Camerer and Goeree (2009). Every participant played against four neighbors and could choose a different...
Persistent link: https://www.econbiz.de/10009318135
In experiments, people behave more cooperatively when they are aware of an external threat, while in the field, we observe surprisingly high levels of cooperation and altruism within groups in conflict situations such as civil wars. We provide an explanation for these phenomena. We introduce a...
Persistent link: https://www.econbiz.de/10008675293