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We experimentally investigate how firms and consumers react to a sudden cost increase in a competitive retail market. We compare two conditions which exclusively differ with respect to how difficult it is to organize and enforce boycotts. We find that cost increases translate into sudden price...
Persistent link: https://www.econbiz.de/10014032307
We experimentally investigate how firms and consumers react to a sudden cost increase in a competitive retail market. We compare two conditions which exclusively differ with respect to how difficult it is to organize and enforce boycotts. We find that cost increases translate into sudden price...
Persistent link: https://www.econbiz.de/10005453941
incentives to compete are strong. -- Intergroup competition ; cooperation ; public goods ; experiment …
Persistent link: https://www.econbiz.de/10003831139
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We test if cooperation is promoted by rank-order competition between groups in which all groups can be ranked first, i.e. when everyone can be a winner. This type of rank-order competition has the advantage that it can eliminate the negative externality a group's performance imposes on other...
Persistent link: https://www.econbiz.de/10012756159
We test if cooperation is promoted by rank-order competition between groups in which all groups can be ranked first, i.e., when everyone can be a winner. This type of rank-order competition has the advantage that it can eliminate the negative externality a group's performance imposes on other...
Persistent link: https://www.econbiz.de/10014042269
In this paper, we study the effectiveness of intergroup competition in promoting cooperative behavior. We focus on intergroup competition that is non-rival in the sense that everyone can be a winner. This type of competition does not give groups an incentive to outcompete others. However, in...
Persistent link: https://www.econbiz.de/10014047082
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-effort experiment. Although we find that average output increases in response to team in-centives and observation, we also find that …What type of workers respond to team incentives and observation by peers? To ad-dress this question, we develop a novel … the effects of team incentives and observation by peers …
Persistent link: https://www.econbiz.de/10014082612