Showing 1 - 10 of 13
This paper investigates the impact of four key economic variables on an expert firm's incentive to defraud its customers in a credence goods market: the level of competition, the expert firm's financial situation, its competence, and its reputational concerns. We use and complement the dataset...
Persistent link: https://www.econbiz.de/10010507685
-known commitment problem by introducing communication. Allowing the upstream firm to chat privately with each downstream firm reduces … total offered quantity from near the Cournot level (observed in the absence of communication) halfway toward the monopoly … bargaining advantage from open communication that all of the gains from monopolizing the market accrue to them. A simple …
Persistent link: https://www.econbiz.de/10011518962
firms. Communication is often abused for explicit agreements and this strongly reduces competition. …
Persistent link: https://www.econbiz.de/10010428107
experiments with written cheap-talk communication between players and we compare them to treatments without the possibility to … tacitly but that the number of firms does not significantly affect outcomes with communication. As a result, the payoff gain … from communication increases with the number of firms, at a decreasing rate. …
Persistent link: https://www.econbiz.de/10011844753
This paper studies the impact of software piracy in a two-sidedmarket setting. Software platforms attract developers … higher with more software protection but the impact on user prices is ambiguous. A conflict between platforms and software … developers over software protection may arise: whereas one side benefits from better protection, the other party loses out. Under …
Persistent link: https://www.econbiz.de/10009710033
This paper studies the impact of software piracy on prominent and non-prominent software developers in markets based on … prominent software into account. We show that prominent software exhibits higher piracy rates than non-prominent software …. However, contrary to intuition, this does not necessarily mean that prominent software developers benefit more from increased …
Persistent link: https://www.econbiz.de/10010434154
This paper analyzes whether the behavior of potential offenders can be guided by information on the actual detection probability transmitted by the policy maker. It is established that, when viewed as a cheap-talk game, the existence of equilibria with information transmission depends on the...
Persistent link: https://www.econbiz.de/10009729138
-firm Cournot framework to test these predictions, and we also explore the impact communication has on buyer groups. The … experimental results show that buyer groups lead to lower outputs when groups can exclude single firms. Communication is identified … as a main factor causing collusive product markets. -- buyer groups ; cartels ; collusion ; communication ; experiments …
Persistent link: https://www.econbiz.de/10009661278
In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they …
Persistent link: https://www.econbiz.de/10010401724
We explore the difference between explicit and tacit collusion by investigating the impact communication has in … largest additional profit from talking. We also find that industries continue to collude successfully after communication is … disabled. Communication supports fims in coordinating on collusive pricing schemes, and it is also used for conflict mediation …
Persistent link: https://www.econbiz.de/10009612674