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from each contest in a laboratory experiment. Equilibrium and observed efforts are highest in winner-take-all contests …
Persistent link: https://www.econbiz.de/10012940281
Persistent link: https://www.econbiz.de/10009685021
This study provides a unified theoretical and experimental framework in which to compare three canonical types of competition: winner-take-all contests won by the best performer, winner-take-all lotteries where probability of success is proportional to performance, and proportional-prize...
Persistent link: https://www.econbiz.de/10010817416
This paper presents a laboratory collective resistance (CR) game to study how different forms of non-binding communication among responders can help coordinate their collective resistance against a leader who transgresses against them. Contrary to the predictions of analysis based on purely...
Persistent link: https://www.econbiz.de/10005786821
This paper presents a laboratory collective resistance (CR) game to study how different forms of non-binding communication among responders can help coordinate their collective resistance against a leader who transgresses against them. Contrary to the predictions of analysis based on purely...
Persistent link: https://www.econbiz.de/10005064174
This paper presents a laboratory experiment to investigate how social motivations and free-form communication (Rich … Communication) can facilitate coordinated resistance against divide-and-conquer transgressions. In our experiment, a leader first …
Persistent link: https://www.econbiz.de/10011209612
Persistent link: https://www.econbiz.de/10000907990
The paper presents a complete information model of bidding in second price sealed-bid and ascending-bid (English) auctions, in which potential buyers know the unit valuation of other bidders and may spitefully prefer that their rivals earn a lower surplus. Bidders with spiteful preferences...
Persistent link: https://www.econbiz.de/10009752417
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