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A two-persons bargaining problem often consists of initially incompatible demands that can be unilaterally reduced by sequential concessions. In a 2 x 2 x 2-factorial design we distinguish between reliable and unreliable concessions, between a static and dynamic settings and between symmetric...
Persistent link: https://www.econbiz.de/10005866602
Assuming inequality averse subjects as modeled by Fehr and Schmidt (1999) or in the ERC model by Bolton and Ockenfels (2000) in ultimatum games with asymmetric conflict payoffs allows to make predictions especially concerning responder acceptance thresholds. These predictions are tested in a...
Persistent link: https://www.econbiz.de/10005866680
We consider a sequential two-party bargaining game with uncertain information transmission. When the first mover states her demand she does only know the probability with which the second mover will be informed about it. The informed second mover can either accept or reject the offer and payoffs...
Persistent link: https://www.econbiz.de/10005543005
We analyse two team settings in which one member in a team has stronger incentives to contribute than the others. If contributions constitute a sacrifice for the strong player, the other team members are more inclined to cooperate than if contributions are strictly dominant for the strong player.
Persistent link: https://www.econbiz.de/10010266960
In an experimental setting, firms in a duopoly market engage in a patent tournamentand compete for profit-enhancing product advancements. The firms generateincome by matching exogenously defined demand preferences with an appropriatelycomposed product portfolio of their own. Demand preferences...
Persistent link: https://www.econbiz.de/10005866869
This study investigates the dynamic efficiency of an emissionregulation regime where companies competitively pay for emissionlicences. We embed the emission licence market in a Cournotmodel where the price of emission licences is subject to strategictradeoff between licences and abatement...
Persistent link: https://www.econbiz.de/10005866945
We analyse two team settings in which one member in a team has stronger incentives to contribute than the others. If contributions constitute a sacrifice for the strong player, the other team members are more inclined to cooperate than if contributions are strictly dominant for the strong player.
Persistent link: https://www.econbiz.de/10005612391