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The paper reports laboratory experiments on a day-to-day route choice game with two routes. Subjects had to choose between a main road M and a side road S. The capacity was greater for the main road. 18 subjects participated in each session. In equilibrium the number of subjects is 12 on M and 6...
Persistent link: https://www.econbiz.de/10011506494
; experiment …
Persistent link: https://www.econbiz.de/10003923092
The formation of social ties is examined in an experimental study of voluntary public good provision. The experimental design consists of three parts. In the first part the value orientation (attitude to a generalized other) is measured. In the second part couples play a multi-period public good...
Persistent link: https://www.econbiz.de/10009781548
In this experiment, we analyze strategic delegation in a Cournot duopoly. Owners can choose among two different …
Persistent link: https://www.econbiz.de/10009781566
In the reported experiment different payment schemes are examined on their incentive effects. Payment based on …
Persistent link: https://www.econbiz.de/10009781547
The seminal paper by Salant, Switzer and Reynolds (1983) showed that merger in a standard Cournot framework with linear demand and linear costs is not profitable unless a large majority of the firms are involved in the merger. However, many strategic aspects matter for firm competition such as...
Persistent link: https://www.econbiz.de/10002757958