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. We review previous Cournot experiments in the literature. Additionally, we conduct a new series of experiments studying …
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actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility. We …
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laboratory experiment we test the different theories by systematically varying information conditions. We find significant …
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. In a laboratory experiment we test the different theories by systematically varying information conditions. We find that …
Persistent link: https://www.econbiz.de/10010270576
This study tries to enlarge the scope of law and economics by providing an example that legal institutions do not only have short-run effects on present behavior by changing the cost-benefit relation of different actions but can also drive the evolution of preferences. Therefore, legal design...
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. In alaboratory experiment we test the different theories by systematically varying informationconditions. We find that …
Persistent link: https://www.econbiz.de/10011509505
laboratory experiment we test the different theories by systematically varying information conditions. We find significant …
Persistent link: https://www.econbiz.de/10010366552