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Previous experiments have found a moderate, positive effect of group size on cooperation in voluntary contribution mechanism (VCM) games. This effect has been typically observed in experiments with groups of size 4 or more, and contrasts with results from n-person prisoner's dilemma and...
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equilibria. We find systematic group size differences that theory fails to predict. In the presence of strategic uncertainty, the …
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We use laboratory experiments to examine the effect of firm size asymmetry on the emergence of price leadership in a capacity constrained price-setting duopoly. With discounting, the unique subgame perfect equilibrium of the timing game we analyze predicts that the large firm is an endogenous...
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This paper reports on a comparative quasi-experiment of how perceptions of entrepreneurial growth strategies differ between students, managers and technology entrepreneurs. The differences in perceptions as to what critical factors drive three strategies: no growth, market share growth and...
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This paper analyzes volatility spillovers in multivariate GARCH-type models. We show that the cross-effects between the conditional variances determine the persistence of the transmitted volatility innovations. In particular, the influence of a foreign volatility innovation on a conditional...
Persistent link: https://www.econbiz.de/10010341118