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, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to … ; experiment …
Persistent link: https://www.econbiz.de/10003923092
We develop a competitive equilibrium theory of a market for votes. Before voting on a binary issue, individuals may buy …
Persistent link: https://www.econbiz.de/10009500733
, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to … ; experiment …-Märkten. Im Einklang mit der ökonomischen Theorie sind Firmen ohne Marktmacht in der Lage, einen großen Anteil der Last einer …
Persistent link: https://www.econbiz.de/10009409129
, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to …
Persistent link: https://www.econbiz.de/10013133937
This paper experimentally investigates the effects of a costly punishment option on cooperation and social welfare in long finitely repeated public good contribution games. In a perfect monitoring environment increasing the severity of the potential punishment monotonically increases both...
Persistent link: https://www.econbiz.de/10013118506
We perform a controlled experiment to study the welfare effects of competition in a strategic communication environment …-communication, as the information transmitted is lower than what theory predicts in the most informative equilibrium. Senders are worse …
Persistent link: https://www.econbiz.de/10014241064
, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to …
Persistent link: https://www.econbiz.de/10013149368
, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to …
Persistent link: https://www.econbiz.de/10014189876
Persistent link: https://www.econbiz.de/10008933814
We develop a novel experimental paradigm to study the causal impact of trading algorithms on informational efficiency, liquidity, and welfare. In our design, public information about the asset value is revealed during trading, which gives algorithms a reaction speed advantage. We distinguish...
Persistent link: https://www.econbiz.de/10014351067