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In asymmetric dilemma games without side payments, players face involved cooperation and bargaining problems. The … the example of a Cournot duopoly with asymmetric cost, we investigate experimentally how players cooperate (collude … implicitly and explicitly), if at all, in such games. In our treatments without communication, players fail to cooperate and …
Persistent link: https://www.econbiz.de/10011929323
In asymmetric dilemma games without side payments, players face involved cooperation and bargaining problems. The … the example of a Cournot duopoly with asymmetric cost, we investigate experimentally how players cooperate (collude … implicitly and explicitly), if at all, in such games. We find that, without communication, players fail to cooperate and …
Persistent link: https://www.econbiz.de/10011802796
Persistent link: https://www.econbiz.de/10012237699
One of the most robust phenomena in the experimental literature on multilateral bargaining is the failure of proposers … to extract equilibrium rents. However, all previous experiments have overlooked the fact that outside the lab committee … members are allowed to - and do - engage in sometimes intense communication processes prior to voting on a proposal. We …
Persistent link: https://www.econbiz.de/10014152141
it concerns the topics of bargaining and negotiations, but also because it relates to the question about under which … circumstances actors behave more rational. We conduct three experiments, two in the laboratory and one online, with more than 1 … in the Ultimatum Game in any of our three experiments. Potential reasons for why the replication attempts fail are …
Persistent link: https://www.econbiz.de/10011898931
straightforward solutions. This chapter examines the use of abuse of superior bargaining position provisions to remedy aggregate … counteract the inherent advantage in bargaining power enjoyed by large conglomerates vis-à-vis smaller or weaker trading … bargaining power prohibitions to deal with aggregate concentration, while South Korea has taken a different stance. The chapter …
Persistent link: https://www.econbiz.de/10012845532
communication matters. We use a multilateral bargaining setting, and focus on the specific strategic setup of the "divide … no communication is allowed, an unrestricted communication protocol leads to more inequality and closer … unanimity rule. Under the majority rule, subjects use the communication tool to engage in back-room deals, while under the …
Persistent link: https://www.econbiz.de/10013073425
We use experiments to analyze what type of communication is most effective in achieving cooperation in a simple … subjects can only use a limited message space that does not allow communication of contingent strategies. When unlimited pre …-game communication is allowed, a similar initial decline in collusion reverses over time. Content analysis is used to identify multiple …
Persistent link: https://www.econbiz.de/10014197918
We use experiments to analyze what type of communication is most effective in achieving cooperation in a simple … collusion game. Consistent with the existing literature on communication and collusion, even minimal communication leads to a … strategies, this initial burst of collusion rapidly collapses. When unlimited pre-game communication is allowed via a chat window …
Persistent link: https://www.econbiz.de/10014201287
We investigate the effects of voting rules on delay in a multilateral bargaining experiment with costly communication … and before a proposal is made. In contrast to prior experiments, communication is directly associated with costs in our …. Our design is based on a variant of the Baron-Ferejohn framework. Communication takes place after a proposer is selected …
Persistent link: https://www.econbiz.de/10012230174