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We analyze the impact of product bundling in experimental markets. One firm has monopoly power in a first market but competes with another firm in a second market. We compare treatments where the multiproduct firm (i) always bundles, (ii) never bundles, and (iii) chooses whether or not to...
Persistent link: https://www.econbiz.de/10012905779
An experiment is conducted were subjects interact repeatedly to examine the effect of a particular leniency program on …
Persistent link: https://www.econbiz.de/10014056665
This paper describes a classroom experiment that illustrates the research and development investment incentives facing …
Persistent link: https://www.econbiz.de/10014027536
We experimentally examine the collusive properties of two commonly used auctions: the English auction (EN) and the first-price sealed-bid auction (FPSB). In theory, both tacit and overt collusion are always incentive compatible in EN while both can be incentive compatible in FPSB if the auction...
Persistent link: https://www.econbiz.de/10014188545