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We use an experiment to test the hypothesis that groups consisting of like-minded cooperators are able to cooperate … irrespective of punishment and therefore have a lower demand for a costly punishment institution than groups of like-minded free … riders, who are unable to cooperate without punishment. We also predict that the difference in the demand for punishment is …
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Social preferences for the punishment of free riders are critical for generating cooperative behavior in human society …. Focusing on the receiving fees of Japan's public broadcaster, this study analyses how punishment of free riders, that is, the …
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room for the second mover when deciding on a reciprocating action. We employ a controlled experiment to investigate how …
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We investigate experimentally on eBay how sellers set prices in "Buy-It-Now" (BIN) auctions. We find that the eBay format leads to prices substantially below those expected in second-price auctions. Moreover, our results reveal that the information available on eBay about buyer experience and...
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refers to substitution for shopping over fixed internet (termed internet shopping). Key findings are: Covid-19 boosted sales …
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