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Auction mechanisms and bidder collusion: Bribes, signals and selection
Llorente-Saguer, Aniol; Zultan, Ro'i - 2014
The theoretical literature on collusion in auctions suggests that the first-price mechanism can deter the formation of … likely to affect the bidding behavior in firstprice (but not second-price) auctions. We test experimentally a setup in which … collusion in first-price and second-price auctions. Furthermore, failed collusion attempts distort the bidding behavior in the …
Persistent link: https://www.econbiz.de/10010478916
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Auction mechanisms and bidder collusion : bribes, signals and selection
Llorente-Saguer, Aniol; Zultan, Ro'i - 2014 - This version: November 2014
The theoretical literature on collusion in auctions suggests that the first-price mechanism can deter the formation of … likely to affect the bidding behavior in firstprice (but not second-price) auctions. We test experimentally a setup in which … collusion in first-price and second-price auctions. Furthermore, failed collusion attempts distort the bidding behavior in the …
Persistent link: https://www.econbiz.de/10010433920
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On probation: an experimental analysis
Engel, Christoph; Hennig-Schmidt, Heike; Irlenbusch, Bernd - 2009
Does probation pay a double dividend? Society saves the cost of incarceration, and convicts preserve their liberty. But does probation also reduce the risk of recidivism? In a meta-study we show that the field evidence is inconclusive. Moreover it struggles with an identification problem: those...
Persistent link: https://www.econbiz.de/10010266976
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Punishment despite reasonable doubt: A public goods experiment with uncertainty over contributions
Grechenig, Kristoffel; Nicklisch, Andreas; Thöni, Christian - 2010
Under a great variety of legally relevant circumstances, people have to decide whether or not to cooperate, when they face an incentive to defect. The law sometimes provides people with sanctioning mechanisms to enforce pro-social behavior. Experimental evidence on voluntary public good...
Persistent link: https://www.econbiz.de/10010274085
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Leading with(out) sacrifice? : a public-goods experiment with a super-additive player
Glöckner, Andreas; Irlenbusch, Bernd; Kube, Sebastian - 2009
We analyse two team settings in which one member in a team has stronger incentives to contribute than the others. If contributions constitute a sacrifice for the strong player, the other team members are more inclined to cooperate than if contributions are strictly dominant for the strong...
Persistent link: https://www.econbiz.de/10003862276
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Beware of broken windows! : first impressions in public-good experiments
Beckenkamp, Martin; Engel, Christoph; Glöckner, Andreas; … - 2009
Broken Windows: the metaphor has changed New York and Los Angeles. Yet it is far from undisputed whether the broken windows policy was causal for reducing crime. In a series of lab experiments we show that first impressions are indeed causal for cooperativeness in three different institutional...
Persistent link: https://www.econbiz.de/10003862429
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On probation : an experimental analysis
Engel, Christoph; Hennig-Schmidt, Heike; Irlenbusch, Bernd - 2009
Does probation pay a double dividend? Society saves the cost of incarceration, and convicts preserve their liberty. But does probation also reduce the risk of recidivism? In a meta-study we show that the field evidence is inconclusive. Moreover it struggles with an identification problem: those...
Persistent link: https://www.econbiz.de/10003905816
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Turning the lab into Jeremy Bentham's panopticon : the effect of punishment on offenders and non-offenders
Engel, Christoph; Irlenbusch, Bernd - 2010
The most famous element in Bentham's theory of punishment, the Panopticon Prison, expresses his view of the two purposes of punishment, deterrence and special prevention. We investigate Bentham's intuition in a public goods lab experiment by manipulating how much information on punishment...
Persistent link: https://www.econbiz.de/10003935656
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Punishment despite reasonable doubt : a public goods experiment with uncertainty over contributions
Grechenig, Christoffel; Nicklisch, Andreas; Thöni, … - 2010
Under a great variety of legally relevant circumstances, people have to decide whether or not to cooperate, when they face an incentive to defect. The law sometimes provides people with sanctioning mechanisms to enforce pro-social behavior. Experimental evidence on voluntary public good...
Persistent link: https://www.econbiz.de/10003952402
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Competition as a socially desirable dilemma theory vs. experimental evidence
Engel, Christoph - 2009
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/10003877116