Narrow search
Showing 1 - 10 of 26
Cover Image
Power and the Privilege of Clarity: An Analysis of Bargaining Power and Information Transmission
Ruiz, Adrian de Groot; Offerman, Theo; Onderstal, Sander - Tinbergen Instituut - 2011
by an experiment. Finally, we show how partial information transmission can lead to communication failure, and show how …
Persistent link: https://www.econbiz.de/10011256036
Cover Image
Money talks? An Experimental Investigation of Cheap Talk and Burned Money
Haan, Thomas de; Offerman, Theo; Sloof, Randolph - Tinbergen Institute - 2011
We experimentally study the strategic transmission of information in a setting where both cheap talk and money can be used for communication purposes. Theoretically a large number of equilibria exist side by side, in which senders either use costless messages, money, or a combination of the two....
Persistent link: https://www.econbiz.de/10009003387
Cover Image
Discrimination in the Labor Market: The Curse of Competition between Workers
Haan, Thomas de; Offerman, Theo; Sloof, Randolph - Tinbergen Instituut - 2011
beliefs of the employers are self-fulfilling. Theoretically and in an experiment, we investigate under what circumstances …
Persistent link: https://www.econbiz.de/10011256510
Cover Image
Money talks? An Experimental Investigation of Cheap Talk and Burned Money
Haan, Thomas de; Offerman, Theo; Sloof, Randolph - Tinbergen Instituut - 2011
We experimentally study the strategic transmission of information in a setting where both cheap talk and money can be used for communication purposes. Theoretically a large number of equilibria exist side by side, in which senders either use costless messages, money, or a combination of the two....
Persistent link: https://www.econbiz.de/10011256889
Cover Image
Demand reduction and preemptive bidding in multi-unit license auctions
Goeree, Jacob K.; Offerman, Theo; Sloof, Randolph - Institut für Volkswirtschaftslehre, … - 2009
Multi-unit ascending auctions allow for equilibria in which bidders strategically reduce their demand and split the market at low prices. At the same time, they allow for preemptive bidding by incumbent bidders in a coordinated attempt to exclude entrants from the market. We consider an...
Persistent link: https://www.econbiz.de/10005015170
Cover Image
Demand Reduction and Preemptive Bidding in Multi-Unit License Auctions
Goeree, Jacob; Offerman, Theo; Sloof, Randolph - Tinbergen Institute - 2004
Multi-unit ascending auctions allow for equilibria in which bidders strategically reduce their demand and split the market at low prices. At the same time, they allow for preemptive bidding by incumbent bidders in a coordinated attempt to exclude entrants from the market. We consider an...
Persistent link: https://www.econbiz.de/10005137025
Cover Image
Imitation and Belief Learning in an Oligopoly Experiment
Offerman, Theo; Potters, Jan; Sonnemans, Joep - Tinbergen Institute - 1997
dynamic conduct lead to the competitive, the collusive, and the Cournot-Nash outcome, respectively. In the experiment we …
Persistent link: https://www.econbiz.de/10005137324
Cover Image
Creating Competition Out of Thin Air: Market Thickening and Right-to-Choose Auctions
Eliaz, Kfir; Offerman, Theo; Schotter, Andrew - C.E.P.R. Discussion Papers - 2004
We study a procedure for selling multiple heterogenous goods, which is commonly used in practice but rarely studied in the literature. The novel feature of this procedure is that instead of selling the goods themselves, the seller offers buyers the right to choose among the available goods....
Persistent link: https://www.econbiz.de/10005067663
Cover Image
Demand Reduction and Pre-emptive Bidding in Multi-Unit License Auctions
Goeree, Jacob K.; Offerman, Theo; Sloof, Randolph - C.E.P.R. Discussion Papers - 2005
Multi-unit ascending auctions allow for equilibria in which bidders strategically reduce their demand and split the market at low prices. At the same time, they allow for pre-emptive bidding by incumbent bidders in a coordinated attempt to exclude entrants from the market. We consider an...
Persistent link: https://www.econbiz.de/10005497722
Cover Image
Noisy signaling: Theory and experiment
de Haan, Thomas; Offerman, Theo; Sloof, Randolph - In: Games and Economic Behavior 73 (2011) 2, pp. 402-428
theoretically derive the properties of the equilibria under different levels of noise and we experimentally test how behavior … (must) increase their signaling expenditures. This theoretical prediction is confirmed in our experiment. Second, for … intermediate and high levels of noise, a separating and pooling equilibrium co-exist. In the experiment, subjects tend to shift …
Persistent link: https://www.econbiz.de/10010573652