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Bargaining in the presence of condorcet cycles : the role of asymmetries
Kamm, Aaron; Houba, Harold - 2015
recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the … equilibrium predictions. The main deviations from theory are: a) Subjects under-exploit their bargaining power by being more … asymmetries have on bargaining power, especially when the asymmetries relate to recognition probabilities. …
Persistent link: https://www.econbiz.de/10010532580
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Other-regarding preferences, group identity and political participation : an experiment
Robalo, Pedro; Schram, Arthur; Sonnemans, Joep - 2013
Persistent link: https://www.econbiz.de/10010191396
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Demand reduction and preemptive bidding in multi-unit license auctions
Goeree, Jacob K.; Offerman, Theo; Sloof, Randolph - 2004
as equilibrium phenomena of the ascending auction. In a series of experiments, we compare its performance to that of the …
Persistent link: https://www.econbiz.de/10011342575
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Price-setting power versus private information
Sloof, Randolph - 2003
This paper investigates the extent of the holdup underinvestment problem in a buyer-seller relationship in which the seller has private information about his alternative trading opportunities. Theory predicts that, compared with a situation in which outside options are publicly observed, the...
Persistent link: https://www.econbiz.de/10011334336
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Reciprocity and emotions : arousal, self-reports, and expectations
Ben Shaḥar, Gershon; Bornstein, Gary; Hopfensitz, Astrid - 2004
Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly reciprocation. In this study, physiological and self-report measures were employed to investigate the role of emotions, using the Power-to-Take Game. In this 2-person game, player 1 can...
Persistent link: https://www.econbiz.de/10011338001
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Committees of experts in the lab
Renes, Sander; Visser, Bauke - 2018
Theory predicts that committees of experts may take decisions that look good but are bad and that they show a united front to impress evaluators. Although evaluators see through this behavior, committees persist in it only to avoid worse assessments. We investigate this theory in the lab, using...
Persistent link: https://www.econbiz.de/10011895939
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Cooperation in the classroom : experimenting with R&D cooperatives
Sovinsky, Michelle; Hinloopen, Jeroen - 2006 - Revised September 2006
This paper describes a classroom experiment that illustrates the research and development investment incentives facing firms when technological spillovers are present. The game involves two stages in which student sellers first make investment decisions then production decisions. The classroom...
Persistent link: https://www.econbiz.de/10011349721
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On the strategic use of focal points in bargaining situations
Janssen, Maarten C. W. - 2006
confines a discussion of the usefulness of the notion to coordination problems and when bargaining experiments result in …This paper argues that the notion of focal points is important in understanding bargaining processes. Recent literature … equal split division and it re-interprets recent experimental evidence in bargaining games. Experimental economists should …
Persistent link: https://www.econbiz.de/10011349211
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Market power in bilateral oligopoly markets with non-expandable infrastructures
Funaki, Yukihiko; Houba, Harold; Motchenkova, Evgenia - 2019 - This version: September 2019
We develop a novel model of price-fee competition in bilateral oligopoly markets with non-expandable infrastructures …
Persistent link: https://www.econbiz.de/10012102999
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Market power in bilateral oligopoly markets with nonexpandable infrastructures
Funaki, Yukihiko; Houba, Harold; Motchenkova, Evgenia - 2012
Persistent link: https://www.econbiz.de/10010190984