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Capacity precommitment, communication, and collusive pricing : theoretical benchmark and experimental evidence
Güth, Werner; Stadler, Manfred; Zaby, Alexandra - 2018
In a capacity-then-price-setting game we experimentally identify capacity precommitment, the possibility to communicate before price choices, and prior competition experience as crucial factors for collusive pricing. The theoretical analysis determines the capacity thresholds above which firms...
Persistent link: https://www.econbiz.de/10011944106
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Disclosure of information under competition : an experimental study
Sheth, Jesal - 2019
The theory of voluntary disclosure of information posits that market forces lead senders to disclose information through a process of unravelling. This prediction requires that receivers hold correct beliefs and, in equilibrium, make adverse inferences about non-disclosed information. Previous...
Persistent link: https://www.econbiz.de/10012024603
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Strategic disclosure of demand information by duopolists : theory and experiment
Jansen, Jos; Pollak, Andreas - 2015
experiment. We find that subjects often use selective disclosure strategies, and this finding appears to be robust to changes in … the information structure, the mode of competition, and the degree of product differentiation. Moreover, in our experiment …
Persistent link: https://www.econbiz.de/10011301237
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Information and competition entry
Ewers, Mara - 2012
experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … decision problem and to update beliefs about success. In the experiment, subjects face the choice between a competition game …
Persistent link: https://www.econbiz.de/10010282257
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Information and competition entry
Ewers, Mara - 2012
experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … decision problem and to update beliefs about success. In the experiment, subjects face the choice between a competition game …. -- competition ; experiment ; information ; overconfidence ; self-assessment ; self-selection ; tournament …
Persistent link: https://www.econbiz.de/10009534049
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Determinants of human cooperation : about the influence of moral balancing, group identity, competition, consumer information & expert qualification
Schneider, Tim Arne - 2017
The present book adds to the broad field of investigations concerning what affects and determines human cooperation. It provides new insights into internal and external factors that influence such decisions. Rather than presenting a closed and universal examination, this book should be seen as...
Persistent link: https://www.econbiz.de/10012260480
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Contest Architecture with Public Disclosures
Hinnosaar, Toomas - 2019
I study optimal disclosure policies in sequential contests. A contest designer chooses at which periods to publicly disclose the efforts of previous contestants. I provide results for a wide range of possible objectives for the contest designer. While different objectives involve different...
Persistent link: https://www.econbiz.de/10012869576
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Voluntary Disclosure in Asymmetric Contests
Ewerhart, Christian; Lareida, Julia - 2021
This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all-pay contests. Provided that the contest is uniformly asymmetric, full revelation is the unique perfect Bayesian equilibrium outcome. This is so because the weakest type of the...
Persistent link: https://www.econbiz.de/10013251018
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Voluntary disclosure in asymmetric contests
Ewerhart, Christian; Lareida, Julia - 2023 - Revised version, July 2023
This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all-pay contests with two-sided incomplete information. Private information may concern marginal cost, valuations, and ability. Our main result says that, if the contest is uniformly...
Persistent link: https://www.econbiz.de/10014321141
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Majoritarian Contests with Asymmetric Battlefields : An Experiment
Montero, Maria; Possajennikov, Alex; Sefton, Martin; … - 2013
choices from a laboratory experiment. The equilibrium predicts that the large battlefield receives more than a proportional …
Persistent link: https://www.econbiz.de/10014150669