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Competition and Coordination in Experimental Minority Games
Bottazzi, Giulio; Devetag, Giovanna - 2007
This work presents experimental results on a coordination game in which agents must repeatedly choose between two sides … aggregate level a quite remarkable degree of coordination is achieved. Providing players with full information about other …
Persistent link: https://www.econbiz.de/10014065544
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Capacity precommitment, communication, and collusive pricing : theoretical benchmark and experimental evidence
Güth, Werner; Stadler, Manfred; Zaby, Alexandra - 2018
reveals that such intra-play communication after capacity but before price choices has a collusive effect only for capacity …
Persistent link: https://www.econbiz.de/10011944106
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Cournot Competition between Teams: An Experimental Study
Schipper, Burkhard C.; Raab, Philippe - 2004
In the economic literature on market competition, firms are often modeled as single decision makers and the internal organization of the firm is neglected (unitary player assumption). However, as the literature on strategic delegation suggests, one can not generally expect that the behavior of...
Persistent link: https://www.econbiz.de/10010263110
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The effects of competition on medical service provision
Brosig-Koch, Jeannette; Hehenkamp, Burkhard; Kokot, Johanna - 2016
We explore how competition between physicians affects medical service provision. Previous research has shown that, without competition, physicians deviate from patient-optimal treatment under payment systems like capitation and fee-for-service. While competition might reduce these distortions,...
Persistent link: https://www.econbiz.de/10011549697
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Pricing in asymmetric two-sided markets : a laboratory experiment
Weghake, Jens; Erlei, Mathias; Keser, Claudia; Schmidt, … - 2018 - Version: April 2018
We conducted a laboratory experiment to study the price setting behavior in two-sided markets. We seek to answer two specific research questions: Do participants charge the equilibrium prices that can be derived from a theoretical model? How is the price setting affected by the characteristics...
Persistent link: https://www.econbiz.de/10011825236
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Cournot Competition Between Teams : an Experimental Study
Raab, Philippe; Schipper, Burkhard C. - 2007
In the economic literature on market competition, firms are often modelled as individual decision makers and the internal organization of the firm is neglected (unitary player assumption). However, as the literature on strategic delegation suggests, one can not generally expect that the behavior...
Persistent link: https://www.econbiz.de/10014029080
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Communication, cooperation and collusion in team tournaments - An experimental study
Sutter, Matthias; Strassmair, Christina - 2007
We study the effects of communication in an experimental tournament between teams. When teams, rather than individuals …, compete for a prize there is a need for intra-team coordination in order to win the inter-team competition. Introducing … communication in such situations may have ambiguous effects on effort choices. Communication within teams may promote higher efforts …
Persistent link: https://www.econbiz.de/10010427509
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Communication, cooperation and collusion in team tournaments : an experimental study
Sutter, Matthias; Strassmair, Christina - 2007
We study the effects of communication in an experimental tournament between teams. When teams, rather than individuals …, compete for a prize there is a need for intra-team coordination in order to win the inter-team competition. Introducing … communication in such situations may have ambiguous effects on effort choices. Communication within teams may promote higher efforts …
Persistent link: https://www.econbiz.de/10003951420
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The differential impact of friendship on cooperative and competitive coordination
Chierchia, Gabriele; Tufano, Fabio; Coricelli, Giorgio - 2020
Friendship is commonly assumed to reduce strategic uncertainty and enhance tacit coordination. However, this assumption … has never been tested across two opposite poles of coordination involving either strategic complementarity or … substitutability. We had participants interact with friends or strangers in two classic coordination games: the stag hunt game, which …
Persistent link: https://www.econbiz.de/10012215990
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Asymmetric and endogenous within-group communication in competitive coordination games
Cason, Timothy N.; Sheremeta, Roman M.; Zhang, Jingjing - 2015
Persistent link: https://www.econbiz.de/10011406848