Showing 1 - 9 of 9
We de.ne and analyze a strategic topology on types in the Harsanyi-Mertens-Zamir universal type space, where two types are close if their strategic behavior is similar in all strategic situations. For a .xed game and action de.ne the distance be-tween a pair of types as the diþerence between...
Persistent link: https://www.econbiz.de/10010272319
The 2002 prices of suppliers in German call-by-call telephone market are rather dispersed, out-of-phase (uncorrelated), and show systematic down-up movements. In 2004, these prices are less dispersed, more in-phase and show more upwards runs than downs-ups. In both years, we clearly do not...
Persistent link: https://www.econbiz.de/10010297229
few applications, including production externalities, beauty contests, business cycles, and large Cournot and Bertrand …
Persistent link: https://www.econbiz.de/10010282995
We use a two-person linear voluntary contribution mechanism with stochastic marginal benefits from the public good to examine the effect of imperfect information on contributions levels. To assess prior risk attitudes, individual valuations of several risky prospects are elicited via a...
Persistent link: https://www.econbiz.de/10005866650
Nash demand game. In the experiment we vary the commonly known probability of information transmission. Our main finding is …
Persistent link: https://www.econbiz.de/10005866971
them. Through a pre-registered and theory-guided laboratory experiment, we provide evidence that such reciprocal …
Persistent link: https://www.econbiz.de/10014467870
The results of an asset market experiment, in which 64 subjects trade two assets oneight markets in a computerized …
Persistent link: https://www.econbiz.de/10005866816
In experimental bargaining with incomplete information, we vary the information distribution (symmetric and asymmetric), the direction of electronic prepaycommunication (no, one-way, and two way), and the electronic communication medium (email and video) Bargainig outcomes are influenced by the...
Persistent link: https://www.econbiz.de/10005866968
arbitrage seekingstrategy are introduced in a double auction market experiment with humansubjects in the laboratory. As a …
Persistent link: https://www.econbiz.de/10005867001