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We propose experiments in virtual reality (VR) as a new approach to examining behavior in an economic context, e.g., heterogeneity in dynamic tournaments. We simulate a realistic working situation in a highly immersive environment. Implementing a tournament in VR, we are able to mitigate the...
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In several European merger cases competition authorities have demanded that the merging firm auctions off virtual capacity. The buyer of virtual capacity receives an option on an amount of output at a pre-specified price, typically equal to marginal cost. This output is sold in the market in...
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to adjust aspiration levels if they cannot be satisfied. -- satisficing behavior ; duopoly ; profit aspiration ; theory …
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In this paper, we consider the seller's selling strategies in a supply chain consisting of one supplier and multiple … retailers, who compete in the same consumer market. The production lead time is relatively long compared to the selling season … finishes (i.e. regular sale). Different to existing literature, we analyze the selling strategies in a more realistic …
Persistent link: https://www.econbiz.de/10012856387
This paper investigates the strategies of a data broker in selling information to one or to two competing firms that …
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