Showing 1 - 6 of 6
) there is preference uncertainty. In a linear public good with punishment meted out by a disinterested participant, I test …
Persistent link: https://www.econbiz.de/10013081462
In their majority, public international lawyers postulate that for a new rule of customary law to originate, two conditions must be fulfilled: there must be consistent practice, and it must be shown that this practice is motivated by the belief that such behaviour is required in law. Maurice...
Persistent link: https://www.econbiz.de/10013144013
behavioral: the maverick derives utility from acting competitively. We test this conjecture in the lab. In a pretest, we classify …
Persistent link: https://www.econbiz.de/10013063241
the evidence. Exploiting the fact that most experiments had to fix parameters they did not intend to test, in multiple …
Persistent link: https://www.econbiz.de/10014197089
Cartels are inherently instable. Each cartelist is best off if it breaks the cartel, while the remaining firms remain loyal. If firms interact only once, if products are homogenous, if firms compete in price, and if marginal cost is constant, theory even predicts that strategic interaction...
Persistent link: https://www.econbiz.de/10014205721
Both in the field and in the lab, participants frequently cooperate, despite the fact that the situation can be modelled as a simultaneous, symmetric prisoner’s dilemma. This experiment manipulates the payoff in case both players defect, and explains the degree of cooperation by a combination...
Persistent link: https://www.econbiz.de/10014166486