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Power and the privilege of clarity : an analysis of bargaining power and information transmission
Groot Ruiz, Adrian de; Offerman, Theo; Onderstal, Sander - 2012
by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …
Persistent link: https://www.econbiz.de/10011386160
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Information and strategic voting
Tyszler, Marcelo; Schram, Arthur - 2011
We theoretically and experimentally study voter behavior in a setting characterized by plurality rule and mandatory voting, where voters choose from three options. We are interested in the occurrence of strategic voting in an environment where Condorcet cycles may occur. In particular, we focus...
Persistent link: https://www.econbiz.de/10011383055
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Yes, I'll do it : a large-scale experiment on the volunteer's dilemma
Kopányi-Peuker, Anita - 2018
cost in a controlled large-scale laboratory experiment, where subjects play the volunteer's dilemma only once. The … experiment varies group sizes ranging from groups of 3 to about 100, and 2 different cost/benefit ratios. Results show that high …
Persistent link: https://www.econbiz.de/10011901874
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Legal principles in antitrust enforcement
Houba, Harold - 2013 - Revised version: August 2013
challenge for optimal antitrust enforcement. We integrate the mentioned legal principles into an infinitely-repeated oligopoly … welfare under these legal principles. The optimal fine schedule remains below the maximum fine and induces collusion on a … lower price by making it more attractive than collusion on higher prices. For a range of low cartel prices, the fine is set …
Persistent link: https://www.econbiz.de/10010224778
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Penalizing cartels : the case for basing penalties on price overcharge
Katsulakos, Giannēs S.; Motchenkova, Evgenia; Ulph, David - 2014
In this paper we set out the welfare economics based case for imposing cartel penalties on the cartel overcharge rather than on the more conventional bases of revenue or profits (illegal gains). To do this we undertake a systematic comparison of a penalty based on the cartel overcharge with...
Persistent link: https://www.econbiz.de/10010408455
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Nonparametric estimation of the costs of non-sequential search
Moraga-González, José Luis; Sandor, Zsolt; … - 2007
We study a consumer non-sequential search oligopoly model with search cost heterogeneity. We first prove that an …
Persistent link: https://www.econbiz.de/10011373819
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Oligopolistic competition in price and quality
Dubovik, Andrei; Janssen, Maarten C. W. - 2008
We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10011376636
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Strategic targeted advertising
Galeotti, Andrea; Moraga-González, José Luis - 2003
We present a strategic game of pricing and targeted-advertising. Firms cansimultaneously target priceadvertisements to different groups of customers, or to the entiremarket. Pure strategy equilibria do not exist and thus marketsegmentation cannot occur surely. Equilibria exhibit random...
Persistent link: https://www.econbiz.de/10011333902
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Maximum likelihood estimation of search costs
Moraga-González, José Luis; Wildenbeest, Matthijs R. - 2006
oligopoly and present a new maximum likelihood method to estimate search costs. We apply our method to a data set of online …
Persistent link: https://www.econbiz.de/10011348711
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Conservation auctions, collusion and the endowment effect
Dijk, Justin; Ansink, Erik; Soest, Daniël Pieter van - 2018
activities. We use an economic experiment to examine whether the market efficiency of conservation auctions increases or … decreases with repetition. Theory predicts that repetition facilitates collusion among sellers in procurement auctions, while …
Persistent link: https://www.econbiz.de/10011932593