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Strategic disclosure of demand information by duopolists : theory and experiment
Jansen, Jos; Pollak, Andreas - 2015
the information structure, the mode of competition, and the degree of product differentiation. Moreover, in our experiment … experiment. We find that subjects often use selective disclosure strategies, and this finding appears to be robust to changes in …
Persistent link: https://www.econbiz.de/10011301237
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Behaviorally efficient remedies : an experiment
Engel, Christoph; Freund, Lars - 2017
Under common law, the standard remedy for breach of contract is expectation damages. Under continental law, the standard is specific performance. The common law solution is ex post efficient. But is it also ex ante efficient? We use experimental methods to test whether knowing that...
Persistent link: https://www.econbiz.de/10011715408
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Cooperation under punishment : imperfect information destroys it and centralizing punishment does not help
Fischer, Sven; Grechenig, Kristoffel; Meier, Nicolas - 2013
We run several experiments which allow us to compare cooperation under perfect and imperfect information and under a centralized and decentralized punishment regime. We find that (1) centralization by itself does not improve cooperation and welfare compared to an informal, peer-to-peer...
Persistent link: https://www.econbiz.de/10009723557
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How uncertainty and ambiguity in tournaments affect gender differences in competitive behavior
Balafoutas, Loukas; Davis, Brent J.; Sutter, Matthias - 2017
uncertainty affects work performance and willingness to compete in the field, it can be studied in a controlled lab experiment. We … present a novel experiment where subjects can compete against each other, but where the number of winners is either uncertain … willingness to enter competition with uncertainty and ambiguity, but men react slightly more than women. Overall, both effects …
Persistent link: https://www.econbiz.de/10011722124
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Internal conflict, market uniformity, and transparency in price competition between teams
Kurschilgen, Michael; Morell, Alexander; Weisel, Ori - 2016
-pay duopolies, but places private-pay teams at a competitive disadvantage in mixed duopolies. Competition is softened by …
Persistent link: https://www.econbiz.de/10011569085
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People are conditional rule followers
Desmet, Pieter; Engel, Christoph - 2017
Experimental participants are more likely to follow an arbitrary rule the more of their peers do so as well. The difference between unconditional and conditional rule following is most pronounced for individuals who follow few rules unconditionally.
Persistent link: https://www.econbiz.de/10011688384
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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/10010266995
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On the prevalence of framing effects across subject-pools in a two-person cooperation game
Goerg, Sebastian J.; Walkowitz, Gari - 2010
In this experimental study, involving subjects from Abu-Dis (West Bank), Chengdu (China), Helsinki (Finland), and Jerusalem (Israel), we test for a presentation bias in a two-person cooperation game. In the positive frame of the game, a transfer creates a positive externality for the opposite...
Persistent link: https://www.econbiz.de/10003978627
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Competition as a socially desirable dilemma theory vs. experimental evidence
Engel, Christoph - 2009
oligopoly as a linear public good. -- Cartel ; Oligopoly ; Bertrand ; Cournot ; Public Good ; Externality ; Experiment …
Persistent link: https://www.econbiz.de/10003877116
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The solidarity motive
Engel, Christoph - 2016
For decades, experimental economics has been very interested in behavior that could be characterized as practicing solidarity (although the term is rarely used). Solidarity is a key concept in Catholic Social Teaching. This paper builds a bridge between these two endeavors that, thus far, had...
Persistent link: https://www.econbiz.de/10011553331