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Umbrella branding and external certification
Hakenes, Hendrik; Peitz, Martin - 2008
convince consumers of the high quality of its products. Alternatively, a firm can rely on external certification of the quality … external certification. We also show that the potential to signal quality is improved if consumers condition their beliefs on … the source of information, namely whether information comes from external certification or from random detection. …
Persistent link: https://www.econbiz.de/10010264839
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When is the risk of cooperation worth taking? The prisoner's dilemma as a game of multiple motives
Engel, Christoph; Zhurakhovska, Lilia - 2013
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 of...
Persistent link: https://www.econbiz.de/10010323844
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Effort and redistribution: Better cousins than one might have thought
Buch, Claudia M.; Engel, Christoph - 2013
We use survey and experimental data to explore how effort choices and preferences for redis-tribution are linked. Under standard preferences, redistribution would reduce effort. This is different with social preferences. Using data from the World Value Survey, we find that respondents with...
Persistent link: https://www.econbiz.de/10010323858
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Estimation of the house money effect using hurdle models
Engel, Christoph; Moffat, Peter G. - 2012
Evidence from an experiment investigating the house money effect in the context of a public goods game is reconsidered. Analysis is performed within the framework of the panel hurdle model, in which subjects are assumed to be one of two types: free-riders, and potential contributors. The effect...
Persistent link: https://www.econbiz.de/10010323869
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Divided majority and information aggregation: Theory and experiment
Bouton, Laurent; Castanheira, Micael; Llorente-Saguer, Aniol - 2012
This paper both theoretically and experimentally studies the properties of plurality and approval voting when the majority is divided as a result of information imperfections. The minority backs a third alternative, which the majority views as strictly inferior. The majority thus faces two...
Persistent link: https://www.econbiz.de/10010323870
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The role of rivalry: Public goods versus common-pool resources
Maier-Rigaud, Frank P.; Apesteguia, Jose - 2004
Despite a large theoretical and empirical literature on public goods and common-pool resources, a systematic comparison of these two types of social dilemmas is lacking. In fact, there is considerable confusion about these two types of dilemma situations. As a result, they are often treated...
Persistent link: https://www.econbiz.de/10010323965
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The role of choice in social dilemma experiments
Maier-Rigaud, Frank P.; Apesteguia, Jose - 2003
On the basis of problems related to asymmetric information, self-governance has been proposed and often empirically found to be superior to the external imposition of rules in social dilemma situations. The present paper suggests and experimentally analyses a different line of argument, namely...
Persistent link: https://www.econbiz.de/10010324002
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Ex interim voting in public good provision
Fischer, Sven; Nicklisch, Andreas - 2006
We report the results of an experimental study that compares voting mechanisms in the provision of public goods. Subjects can freely decide how much they want to contribute. Whether the public good is ¯nally provided is decided by a referendum under full information about all contributions. If...
Persistent link: https://www.econbiz.de/10010264801
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How much collusion: a meta-analysis on oligopoly experiments
Engel, Christoph - 2006
Persistent link: https://www.econbiz.de/10010264804
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Tacit collusion: the neglected experimental evidence
Engel, Christoph - 2007
Persistent link: https://www.econbiz.de/10010264820