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Oligopoly as a socially embedded dilemma : an experiment

Engel, Christoph; Zhurakhovska, Lilia - 2011

dampens cooperation, though only slightly. Surprisingly, externalities are immaterial. If we control for beliefs, they even … foster cooperation. If we combine both qualifications and do not control for beliefs, we only find an uncertainty effect. If … we add beliefs as a control variable, we only find that externalities enhance cooperation, even if gains from collusion …

Persistent link: https://www.econbiz.de/10008822475

We are not alone : the impact of externalities on public good provision

Engel, Christoph; Rockenbach, Bettina - 2009

Providing public goods is hard, because providers are best off free-riding. Is it even harder if one group's public good is a public bad for another group or, conversely, gives the latter a windfall profit? We experimentally study public goods provision embedded in a social context and find that...

Persistent link: https://www.econbiz.de/10003877140

Harm on an innocent outsider as a lubricant of cooperation : an experiment

Engel, Christoph; Zhurakhovska, Lilia - 2012

participants more pessimistic. However conditional on their beliefs participants are more, not less cooperative if cooperation … Game ; Beliefs …

Persistent link: https://www.econbiz.de/10009490177

How to protect entitlements : an experiment

Bar-Gill, Oren; Engel, Christoph - 2017

In a full-information, zero transactions costs world, the degree of protection afforded to an entitlement does not affect the likelihood of efficient trade. In reality, imperfect information is often inevitable. Specifically, a party will usually have incomplete information about fairness norms...

Persistent link: https://www.econbiz.de/10011633871

How to protect entitlements : an experiment

Bar-Gill, Oren; Engel, Christoph - 2017

Persistent link: https://www.econbiz.de/10011673948

Can communication mitigate strategic delays in investment timing?

Mermer, Ayse; Onderstal, Sander; Sonnemans, Joep - 2022

In economic environments, decision-makers may strategically delay irreversible investments to learn from the actions of others creating socially suboptimal outcomes. We investigate if and how communication mitigates the strategic delay in investment timings. Players choose when to invest in a...

Persistent link: https://www.econbiz.de/10013375345

Can communication mitigate strategic delays in investment timing?

Mermer, Ayse; Onderstal, Sander; Sonnemans, Joep - 2023

In economic environments, decision-makers can strategically delay irreversible investments to learn from the actions of others. This creates free-riding incentives and can lead to socially suboptimal outcomes. We experimentally examine if and how communication mitigates this free-riding problem...

Persistent link: https://www.econbiz.de/10014299600