Showing 1 - 10 of 672
an experiment based on two-stage games, where R&D investment choices are followed by product market competition. An … experiment it turns out that the way of modeling the intensity of competition is essential. The theoretical prediction is … is beneÞcial for investments. -- R&D investment ; intensity of competition ; experiment …
Persistent link: https://www.econbiz.de/10003892455
; experiment ; overbidding …
Persistent link: https://www.econbiz.de/10003892457
&D investment ; intensity of competition ; experiment …
Persistent link: https://www.econbiz.de/10003892458
; intensity of competition ; experiment …
Persistent link: https://www.econbiz.de/10003892459
The provision of global public goods, such as climate change mitigation and managing fisheries to avoid overharvesting, requires the coordination of national contributions. The contributions are managed by elected governments who, in turn, are subject to public pressure on the matter. In an...
Persistent link: https://www.econbiz.de/10011457585
learning throughout the experiment. Learning is higher for games with monotonic equilibria. Finally, we find that deviations …
Persistent link: https://www.econbiz.de/10011407610
We perform a controlled experiment to study the welfare effects of competition in a strategic communication environment …
Persistent link: https://www.econbiz.de/10013463870
The use of coarse categories is prevalent in various situations and has been linked to biased economic outcomes, ranging from discrimination against minorities to empirical anomalies in financial markets. In this paper we study economic rationales for categorizing coarsely. We think of the way...
Persistent link: https://www.econbiz.de/10010353550
Persistent link: https://www.econbiz.de/10002846260
Players may categorize the strategies available to them. In many games there are different ways to categorize one's strategies (different frames) and which ones players use has implications for the outcomes realized. This paper proposes a model of agents who learn which frames to use through...
Persistent link: https://www.econbiz.de/10012608716