Showing 1 - 10 of 290
We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our treatments include markets with (a) complete cost symmetry and complete information, (b) slight cost asymmetry and complete information, and (c) varying cost asymmetries and...
Persistent link: https://www.econbiz.de/10014487322
Persistent link: https://www.econbiz.de/10003527734
Persistent link: https://www.econbiz.de/10013272100
Persistent link: https://www.econbiz.de/10014320914
Persistent link: https://www.econbiz.de/10014321374
Persistent link: https://www.econbiz.de/10014486897
Proxy wars are a key pattern of political conflict and interstate competition. Rather than resorting to direct conflicts, which are costly and entail a higher level of uncertainty, governments may opt for proxy wars, which may last longer, but are less costly and render them more immune to...
Persistent link: https://www.econbiz.de/10011805757
Persistent link: https://www.econbiz.de/10012433571
We investigate a random proposer bargaining game with a dead line. A bounded time interval is divided into bargaining periods of equal length and we study the limit of the subgame perfect equilibrium outcome as the number of bargaining periods goes to infinity while the dead line is kept fixed....
Persistent link: https://www.econbiz.de/10012503005
Behavioral implementation studies implementation when agents' choices need not be rational. All existing papers of this … necessary for implementation under rational behavior, with non-rational behavior it is neither. In this paper we investigate … behavioral implementation under complete information without assuming Unanimity. Moreover, we give a full characterization of …
Persistent link: https://www.econbiz.de/10014465032