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in an experiment. Our data show that indeed, strengthening weaker contestants through tie-breaks and bid …
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inframarginal bids to prevent competition on prices. The seller can obstruct this behavior by tilting her supply schedule and making …
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In this paper, we show that the right to determine the sequence of moves in a dynamic team tournament improves the chances of winning the contest. Because studying dynamic team tournaments - like R&D races - with interim feedback is difficult with company data, we examine decisions of highly...
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the strategic situation of a two-stage game with investment preceding homogenous Bertrand competition. We obtain … ; experiment ; overbidding …
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