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We describe a computerized experiment which can be used to introduce students to imperfect competition in courses on …
Persistent link: https://www.econbiz.de/10014068378
before price choices, and prior competition experience as crucial factors for collusive pricing. The theoretical analysis …
Persistent link: https://www.econbiz.de/10011944106
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10011515418
Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong...
Persistent link: https://www.econbiz.de/10011518078
overconfidence and overentry into competition. In a broader context, the results provide an explanation for the overconfidence of …
Persistent link: https://www.econbiz.de/10010403249
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We study spatially differentiated competition between charities by partnering with two foodbanks in two neighboring … spatially differentiated competition is characterized by sorting, crowding-in, and an absence of spillovers: Donors sort …
Persistent link: https://www.econbiz.de/10012105442
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there is much more cheating in inter-group competition than inter-individual competition which is in line with findings from …
Persistent link: https://www.econbiz.de/10012153461