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Bargaining in the Presence of Condorcet Cycles: The Role of Asymmetries

Kamm, Aaron; Houba, Harold - 2015

recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the … equilibrium predictions. The main deviations from theory are: a) Subjects under-exploit their bargaining power by being more … asymmetries have on bargaining power, especially when the asymmetries relate to recognition probabilities. …

Persistent link: https://www.econbiz.de/10011288420

The role of opinion polls in coordination amongst protest voters: An experimental study

Feltham, Oliver; Schram, Arthur; Sloof, Randolph - 2025

. This paper examines a specific form of protest voting in which voters choose an anti-mainstream party over their true first …

Persistent link: https://www.econbiz.de/10015361339

Control without Deception

Bardsley, Nicholas - 2000

deceiving anyone. The design should be suitable formost economics experiments, and works by amodification of an already standard … both internallyand with other public goods experiments. In addition, simultaneousplay is found to be more efficient than …

Persistent link: https://www.econbiz.de/10010324715

Conditional Cooperation and Voluntary Contributions to Public Goods

Keser, Claudia; van Winden, Frans A.A.M. - 2000

We compare a partners condition where the same small group of subjects plays arepeated public good game to astrangers condition where subjects play this game in changing group formations.Subjects in the partners conditioncontribute from the first period on significantly more to the public good...

Persistent link: https://www.econbiz.de/10010324530

The Condorcet Paradox Revisited

Herings, P. Jean-Jacques; Houba, Harold - 2010

We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model …

Persistent link: https://www.econbiz.de/10010325975

Can Communication Mitigate Strategic Delays in Investment Timing?

Mermer, Ayse Gül; Onderstal, Sander; Sonnemans, Joep - 2022

In economic environments, decision-makers may strategically delay irreversible investments to learn from the actions of others creating socially suboptimal outcomes. We investigate if and how communication mitigates the strategic delay in investment timings. Players choose when to invest in a...

Persistent link: https://www.econbiz.de/10013427592

Tax Liability Side Equivalence in Gift-Exchange Labor Markets

Riedl, Arno; Tyran, Jean-Robert - 2003

Tax Liability Side Equivalence (tax LSE) claims that the statutory incidence of a tax is irrelevant for its economic incidence. In gift-exchange labor markets, firms provide a gift to workers by paying high wages, and workers reciprocate by providing high efforts. Tax LSE is theoretically...

Persistent link: https://www.econbiz.de/10010324733

Pivotal Suppliers and Market Power in Experimental Supply Function Competition

Brandts, Jordi; Reynolds, Stanley S.; Schram, Arthur - 2011

(MUA) model. We find that pivotal suppliers do indeed exercise their market power in the experiments. We also find that …

Persistent link: https://www.econbiz.de/10010325805

Individual Expectations and Aggregate Macro Behavior

Assenza, Tiziana; Heemeijer, Peter; Hommes, Cars; … - 2013

, within a standard New Keynesian model, by means of laboratory experiments with human subjects. Three aggregate outcomes are …

Persistent link: https://www.econbiz.de/10010326142

Output Commitment through Product Bundling: Experimental Evidence

Hinloopen, Jeroen; Mueller, Wieland; Normann, Hans-Theo - 2011

ABSTRACT: We analyze the impact of product bundling in experimental markets. One firm has monopoly power in a first market but competes with another firm in a second market. We compare treatments where the multiproduct firm (i) always bundles, (ii) never bundles, and (iii) chooses whether or not...

Persistent link: https://www.econbiz.de/10010326151