Similar Search Results

Screening experts' distributional preferences

Erharter, Dominik - 2013

We study optimal direct mechanisms for a credence goods expert who can be altruistic or spiteful. The expert has private information about her distributional preferences and possibly also about her customer's needs. We introduce a method that allows the customer to offer separate contracts to...

Persistent link: https://www.econbiz.de/10010193284

Transparency Regulation as a Remedy for Network Neutrality Concerns : Experimental Results

Sluijs, Jasper P. - 2013

We present a research project in experimental law and economics about the effects of new transparency provisions in European telecommunications law on Internet Service Providers (ISPs) and end-users in broadband markets, with implications for the debate on network neutrality. Our experiment...

Persistent link: https://www.econbiz.de/10013094140

Choosing whether to compete : price and format competition with consumer confusion

Crosetto, Paolo; Gaudeul, Alexia - 2014

We run a market experiment where firms can choose not only their price but also whether to present comparable offers. They are faced with artificial demand from consumers who make mistakes when assessing the net value of products on the market. If some offers are comparable however, some...

Persistent link: https://www.econbiz.de/10010433911

Dynamics of Retail Advertising : Evidence from a Field Experiment

Simester, Duncan; Hu, Yu Jeffrey; Brynjolfsson, Erik; … - 2015

advertising. The experimental design overcomes limitations that have hindered previous investigations of this issue. Our study … uncovers dynamic advertising effects that have not been previously considered in the literature. We find that current … advertising does affect future sales but surprisingly, the affect is not always positive; for the firm's best customers the long …

Persistent link: https://www.econbiz.de/10014027327

An experimental study of Japanese procurement auctions with endogenous minimum prices

Akai, Kenju; Saijo, Tatsuyoshi; Serizawa, Shigehiro - 2009

Several Japanese local governments started to add endogenous minimum prices to firstprice auctions in their public procurements. Any bid less than the endogenous minimum price is referred to as abnormally low and is excluded from the procurement procedure. The endogenous minimum price is...

Persistent link: https://www.econbiz.de/10010332267

Auctions for public construction with corner-cutting

Akai, Kenju; Saijo, Tatsuyoshi; Serizawa, Shigehiro - 2009

This paper reports the theoretical and experimental results of auctions for public construction in which firms cut corners. We show that winning bids and qualities of the constructed buildings are both zero in equilibria if there are at least two firms whose initial cash balances are zero. The...

Persistent link: https://www.econbiz.de/10010332490

What renders financial advisors less treacherous? : on commissions and reciprocity

Angelova, Vera - 2010

An advisor is supposed to recommend a financial product in the best interest of her client. However, the best product for the client may not always be the product yielding the highest commission (paid by product providers) to the advisor. Do advisors nevertheless provide truthful advice? If not,...

Persistent link: https://www.econbiz.de/10003980494

An experimental study of Japanese procurement auctions with endogenous minimum prices

Akai, Kenju; Saijō, Tatsuyoshi; Serizawa, Shigehiro - 2009

Persistent link: https://www.econbiz.de/10003921759

Is no news (perceived as) bad news? : an experimental investigation of information disclosure

Jin, Ginger Zhe; Luca, Michael; Martin, Daniel - 2015

This paper uses laboratory experiments to directly test a central prediction of disclosure theory: that strategic forces can lead those who possess private information to voluntarily provide it. In a simple two-person disclosure game, we find that senders disclose favorable information, but...

Persistent link: https://www.econbiz.de/10011305120

Last minute feedback

Klein, Tobias J.; Lambertz, Christian; Spagnolo, Giancarlo - 2006

Feedback mechanisms that allow partners to rate each other after a transaction are considered crucial for the success of anonymous internet trading platforms. We document an asymmetry in the feedback behavior on eBay, propose an explanation based on the micro structure of the feedback mechanism...

Persistent link: https://www.econbiz.de/10010366534

1
2
3
4
5
6
7
8
9
10
Next
Last