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Nonlinear pricing under regulation : comparing cap rules and taxes in the laboratory
Nuño Ledesma, José G.; Wu, Steven Y. - 2022
regulations, we aim to halve the size of the unregulated large option. Compared to the regulation-free baseline, sellers facing a …
Persistent link: https://www.econbiz.de/10013440183
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Regulating Markets with Advice : An Experimental Study
Gottschalk, Felix - 2020
regulation measures -- disclosure and fines for unsuitable advice -- reduce commission payments and improve advice. None of the … regulation measures result in lower commissions and more suitable advice, however, and advice is equally biased in all treatments …
Persistent link: https://www.econbiz.de/10012852983
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The economics of credence goods : on the role of liability, verifiability, reputation and competition
Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - 2009
has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to … ; competition …
Persistent link: https://www.econbiz.de/10009733215
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Competitive Insurance Markets and Adverse Selection in the Lab
Riahi, Dorra - 2010
We provide an experimental analysis of competitive insurance markets with adverse selection. Our parameterized version of the lemons' model (Akerlof 1970) in the insurance context predicts total crowding out of low-risks when insurers offer a single full insurance contract. The therapy proposed...
Persistent link: https://www.econbiz.de/10013137823
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The Economics of Credence Goods : On the Role of Liability, Verifiability, Reputation and Competition
Dulleck, Uwe - 2009
has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …
Persistent link: https://www.econbiz.de/10012764487
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The Economics of Credence Goods : On the Role of Liability, Verifiability, Reputation and Competition
Dulleck, Uwe - 2009
has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …
Persistent link: https://www.econbiz.de/10012764586
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Competition and Price Transparency in the Market for Lemons : Experimental Evidence
Bochet, Olivier - 2020
design an experiment to examine the impact of competition and price transparency in such settings. Consistent with the … theoretical predictions, we find that competition promotes efficiency if bargainers cannot observe each other's price offers …. Contrary to the predictions, however, the efficiency-enhancing effect of competition persists even when offers are observable …
Persistent link: https://www.econbiz.de/10012854487
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The economics of credence goods : on the role of liability, verifiability, reputation and competition
Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - 2009
has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to … ; competition …
Persistent link: https://www.econbiz.de/10003814341
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Competitive Experimentation with Private Information
Moscarini, Giuseppe; Squintani, Francesco - 2015
We study a winner-take-all R&D race where firms are privately informed about the uncertain arrival rate of the invention. Due to the interdependent-value nature of the problem, the equilibrium displays a strong herding effect that distinguishes our framework from war-of-attrition models....
Persistent link: https://www.econbiz.de/10014068396
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The economics of credence goods : on the role of liability, verifiability, reputation and competition
Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - 2009
Persistent link: https://www.econbiz.de/10008657635