Showing 1 - 10 of 193
We experimentally study the effect of the mode of digital communication on the emergence of trust in a principal …. Overall, both audio and video messages have a positive (and similar) effect on trust as compared to plain text; however, the …). In all conditions, we observe a positive effect of the agent's promise on the principal's trust. We also report that …
Persistent link: https://www.econbiz.de/10012544020
A growing body of literature in experimental economics examines how cognitive ability affects cooperation in social dilemma settings. We contribute to the existing literature by studying this relationship in a more complex and strategic environment when the number of partners increases in an...
Persistent link: https://www.econbiz.de/10012793786
Multiple Cournot oligopoly experiments found more collusive behavior in markets with fewer firms (Huck et al., 2004; Horstmann et al., 2018). This result could be explained by a higher difficulty to coordinate or by lower incentives to collude in markets with more firms. We show that the Quantal...
Persistent link: https://www.econbiz.de/10012544022
, 2005) and investigate the effects of three main variables: burden of guilt based on the difference of stakes to be earned … trust their counterparts less than non-students. After the deception game, students are less likely to send the message of … having told a lie than non-students, but neither the burden of guilt nor social distance affects the motivation for sending …
Persistent link: https://www.econbiz.de/10013094313
This paper analyzes an auction mechanism that excludes overoptimistic bidders inspired by the rules of the procurement auctions adopted by several Japanese local governments. Our theoretical and experimental results suggest that the endogenous exclusion rule reduces the probability of suffering...
Persistent link: https://www.econbiz.de/10010332235
We analyze two well-known matching mechanisms-the Gale-Shapley, and the Top Trading Cycles (TTC) mechanisms-in the experimental lab in three different informational settings, and study the role of information in individual decision making. Our results suggest that-in line with the theory-in the...
Persistent link: https://www.econbiz.de/10010332350
This paper analyzes an auction mechanism that excludes overoptimistic bidders inspired by the rules of the procurement auctions adopted by several Japanese local governments. Our theoretical and experimental results suggest that the endogenous exclusion rule reduces the probability of suffering...
Persistent link: https://www.econbiz.de/10013158242
We analyze two well-known matching mechanisms - the Gale-Shapley, and the Top Trading Cycles (TTC) mechanisms - in the experimental lab in three different informational settings, and study the role of information in individual decision making. Our results suggest that - in line with the theory -...
Persistent link: https://www.econbiz.de/10014220116
This study analyzes one-leader and multiple-follower Stackelberg games with private information regarding demand uncertainty. In the equilibrium of the Stackelberg games, a leader's private information becomes public information among followers. This study demonstrates that the strategic...
Persistent link: https://www.econbiz.de/10011421496
This paper studies dynamic price competition over two periods between two firms selling differentiated durable goods to two buyers who are privately informed about their types, but have valuations of the two goods dependent on the other buyer's type. The firms' pricing strategy in period 1 must...
Persistent link: https://www.econbiz.de/10011421507