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social interaction effects. Testing for such effects raises severe identification problems. We conduct an experiment that …
Persistent link: https://www.econbiz.de/10011507945
. In alaboratory experiment we test the different theories by systematically varying informationconditions. We find that …
Persistent link: https://www.econbiz.de/10011509505
When an upstream monopolist supplies several competing downstreamfirms, it may fail to monopolize the market because it is unable to commit not to behave opportunistically. We build on previous experimental studies of this well-known commitment problem by introducing communication. Allowing the...
Persistent link: https://www.econbiz.de/10011518962
foreclosure in laboratory experiments. In one-shot interactions, upstream firms can choose to build a reputation by revealing …
Persistent link: https://www.econbiz.de/10011555141
an experiment designed to test whether players learn a) the relevant features of the payoff structure of a 2x2 game (e …
Persistent link: https://www.econbiz.de/10011539825
decision makers in the family and the society. We test these alternative hypotheses running Dictators experiments in Italy, a …
Persistent link: https://www.econbiz.de/10010488294
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We introduce a simple procedure to be used for selecting the strategies most likely to be played by inexperienced agents who interact in one shot 2x2 games. We start with an axiomatic description of a function that may capture players' beliefs. Various proposals connected with the concept of...
Persistent link: https://www.econbiz.de/10010439356
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