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Communication has been regarded as one of the most effective devices in promoting team cooperation. But asymmetric communication sometimes breeds collusion and is detrimental to team efficiency. Here, we present experimental evidence showing that excluding one member from team communication...
Persistent link: https://www.econbiz.de/10011912001
experiment presented here involved lottery choice and valuation tasks. One subject group was paid in binary lottery tickets …
Persistent link: https://www.econbiz.de/10004968262
Bertrand competition under decreasing returns involves a wide interval of pure strategy equilibrium prices. We first present results of experiments in which two, three and four identical firms repeatedly interact in this environment. Less collusion with more firms leads to lower average prices....
Persistent link: https://www.econbiz.de/10001835606
We study how conflict in contest games is influenced by rival parties being groups and by group members being able to punish each other. Our motivation stems from the analysis of socio-political conflict. The theoretical prediction is that conflict expenditures are independent of group size and...
Persistent link: https://www.econbiz.de/10003799822
-up loans provide incentives to repay. In an experiment we investigate the influence of those features on strategic default … decide, whether to contribute to group repayment or not. Only those with successful projects can contribute. The experiment …
Persistent link: https://www.econbiz.de/10005342371
-up loans provide incentives to repay. In an experiment we investigate the influence of those features on strategic default … decide, whether to contribute to group repayment or not. Only those with successful projects can contribute. The experiment …
Persistent link: https://www.econbiz.de/10005022115
Persistent link: https://www.econbiz.de/10001835623
Persistent link: https://www.econbiz.de/10002643296
Persistent link: https://www.econbiz.de/10001692005
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