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employees to accept lower wages as well? As an alternative to reviewing statistical data, we have performed an experiment with a … lower competitive wage in the second phase of an employment relationship that is known to both parties. The experiment casts …
Persistent link: https://www.econbiz.de/10009578579
employees to accept lower wages as well? As an alternative to reviewing statistical data we have performed an experiment with a … that employers will not lower wages correspondingly and that employees will resist such wage cuts. Our experiment casts two …
Persistent link: https://www.econbiz.de/10014192066
We enrich the choice task of responders in ultimatum games by allowing them to independently decide whether to collect what is offered to them and whether to destroy what the proposer demanded. Such a multidimensional response format intends to cast further light on the motives guiding responder...
Persistent link: https://www.econbiz.de/10010395127
Persistent link: https://www.econbiz.de/10003647956
We study two person-betting games with inconsistent commonly know beliefs, using an experimental approach. In our experimental games, participants bet against one another, each bettor choosing one of two possible outcomes, and payoff odds are know at the time bets are placed. Bettors’ beliefs...
Persistent link: https://www.econbiz.de/10003857882
In a duopoly market, aspiration levels express how much sellers want to earn given their expectations about the other's behavior. We augment the sellers' decision task by eliciting their profit aspiration. In a first experimental phase, whenever satisficing is not possible, sales choices, point...
Persistent link: https://www.econbiz.de/10009734685
Personal information is shared extensively every day, partly in exchange for benefits or as a reaction to other people's information sharing. In this paper, we experimentally investigate these two factors by analyzing the interaction of peer comparison and incentives to disclose potentially...
Persistent link: https://www.econbiz.de/10011988303
more cooperation in a partners than in a strangers matching. -- Experiment ; Forbearance ; Competition ….e., firms competing on multiple structurally unrelated markets, can effectively limit competition. Our more general analysis … effects of forbearance and repeated interaction. Surprisingly, conglomerate firms do not limit competition, they rather foster …
Persistent link: https://www.econbiz.de/10003980544
differences in attitudes towards competition that were found in numerous previous studies based on competition in tournaments with …
Persistent link: https://www.econbiz.de/10012830924
before price choices, and prior competition experience as crucial factors for collusive pricing. The theoretical analysis …
Persistent link: https://www.econbiz.de/10011944106