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Nonrenewable Resources, Strategic Behavior and the Hotelling Rule: An Experiment
van Veldhuizen, Roel; Sonnemans, Joep - 2011
This study uses the methods of experimental economics to investigate possible causes for the failure of the Hotelling rule for nonrenewable resources. We argue that as long as resource stocks are high enough, producers may choose to (partially) ignore the dynamic component of their production...
Persistent link: https://www.econbiz.de/10010325825
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Nonrenewable Resources, Strategic Behavior and the Hotelling Rule : An Experiment
van Veldhuizen, Roel; Sonnemans, Joep - 2014
This study uses the methods of experimental economics to investigate possible causes for the failure of the Hotelling rule for nonrenewable resources. We argue that as long as resource stocks are high enough, producers may choose to (partially) ignore the dynamic component of their production...
Persistent link: https://www.econbiz.de/10014186740
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Imitation and Belief Learning in an Oligopoly Experiment
Offerman, Theo; Potters, Jan; Sonnemans, Joep - 1997
We examine the force of three types of behavioral dynamics in quantity-setting triopoly experiments:mimicking the … competitive, the collusive, and the Cournot-Nash outcome, respectively. In the experiment we employ three information treatments …
Persistent link: https://www.econbiz.de/10010324581
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Gift Exchange in a Multi-worker Firm
Maximiano, Sandra; Sloof, Randolph; Sonnemans, Joep - 2004
One of the main findings of a large body of gift exchange experiments is that in an incomplete contracts environment …
Persistent link: https://www.econbiz.de/10010325208
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The Realities of using 'Benefit Transfers' in Transport Decision-Making
Button, Kenneth; Nijkamp, Peter - 1998
There is an increasing demand for transport decisions to be made in thelight of some form of what may generically be called cost benefit analysis(CBA). The actual techniques may vary and often deviate quite significantlyfrom the conventional economic concept of CBA but in all cases theprocedures...
Persistent link: https://www.econbiz.de/10010324468
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Incentive Systems in a Real Effort Experiment
van Dijk, Frans; Sonnemans, Joep; van Winden, Frans - 1998
In the reported experiment different payment schemes are examined on theirincentive effects. Payment based on …
Persistent link: https://www.econbiz.de/10010324549
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Social Ties in a Public Good Experiment
van Dijk, Frans; Sonnemans, Joep; van Winden, Frans - 1996
The formation of social ties is examined in an experimental study of voluntary public good provision. The experiment …
Persistent link: https://www.econbiz.de/10010324555
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Decision and Strategies in a Sequential Search Experiment
Sonnemans, Joep - 1998
works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …
Persistent link: https://www.econbiz.de/10010324683
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Errors in Judicial Decisions
Sonnemans, Joep; van Dijk, Frans - 2008
verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …
Persistent link: https://www.econbiz.de/10010325809
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Errors in Judicial Decisions
Sonnemans, Joep; van Dijk, Frans - 2008
verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …
Persistent link: https://www.econbiz.de/10014214526