We introduce a price oligopoly model with informed and uninformed consumers, thus creating a new channel of influence for collaborative R&D. Firms can establish pair-wise collaborative research links with other firms to lower production costs. Informed consumers buy from the lowest cost firms...

We implement a laboratory experiment to study how strategy advice affects participants' decisions in a school choice game. In the strategy-proof Deferred Acceptance (DA) mechanism, strategy advice prompts more participants to choose the dominant strategy of truth-telling. In the Immediate...

We introduce a model of a local public goods economy with a continuum of agents and jurisdictions with finite but unbounded populations, where the set of possible projects for each jurisdiction/club is unrestricted in size. Under boundedness of per capita payoffs, which simply ensures that equal...