, with either a negative externality on a third participant, uncertainty about gains from cooperation, or both. Uncertainty … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If …

, with either a negative externality on a third participant, uncertainty about gains from cooperation, or both. Uncertainty … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If … expected. -- Oligopoly ; Collusion ; experiment ; Uncertainty ; negative externalities ; prisoner's dilemma …

decisions which businesses in ASEAN will have to face in a highly competitive environment under uncertain growth conditions, by …

, with either a negative externality on a third participant, uncertainty about gains from cooperation, or both. Uncertainty … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If …

preference uncertainty as an additive shock to the consumer distribution in a characteristic space model. The additive shock only …

This paper focuses both on the competition process and the firms liability in environmental protection and the … liability: they seek to minimize the technologies accident risk while the second one corresponds to a much more standard choice …. The players main preoccupation is about their market share even if they care about liability. Then, from a very simple …

This paper focuses both on the competition process and the firms' liability in environmental protection and the … liability: they seek to minimize the technologies accident risk while the second one corresponds to a much more standard choice …. The players' main preoccupation is about their market share even if they care about liability. Then, from a very simple …

regulations or liability. This concealment leads to negative externalities and public harm. But what if private firms' superior … regulations? In Limited Liability and the Known Unknown, I argue that firms that desire limited liability for their investors … should be forced to pay what they believe limited liability is worth. This would have several salutary effects. Firms' choice …

This paper studies how auditors' risk aversion shapes the audit market and how it interacts with legal liability. The …-monotone. Because futile audit costs augment the severity of a liability loss, extending legal liability decreases the audit quality of … more risk-averse auditors disproportionately benefit from a reduction in liability risk. However, whether audit standards …