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We use a novel experimental design to identify the subjects' strategies in an infinitely repeated prisoners' dilemma … experiment. We ask subjects to design strategies that will play in their place. We find that eliciting strategies has negligible … effects on their behavior, supporting the validity of this method. We find the chosen strategies include some common ones such …
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We adapt a theoretical model from the goods trade literature to test whether banks with a comparative cost advantage are more likely to enter foreign markets by means of foreign direct investment. We combine detailed proprietary bank-level data on the international activities of all German banks...
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We study spatially differentiated competition between charities by partnering with two foodbanks in two neighboring … spatially differentiated competition is characterized by sorting, crowding-in, and an absence of spillovers: Donors sort …
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