Showing 141 - 150 of 278
This paper analyzes the role of patience in a repeated Bertrand duopoly where firms bargain over which collusive price and market share to implement. It is shown that the least patient firm's market share is not monotone in its own discount factor
Persistent link: https://www.econbiz.de/10014178725
This paper explores the effects of communication in market entry games experimentally. It is shown that communication increases coordination success substantially and generate inferior outcomes for consumers when market entry costs are symmetric. Such effects are not observed when costs are...
Persistent link: https://www.econbiz.de/10014178729
Previous research suggests that student evaluations of teacher performance are biased against women. We test this hypothesis on economics students in a randomized, double-blind experiment, set up in a natural educational setting. During the Covid-19 pandemic, teaching assistants moved online and...
Persistent link: https://www.econbiz.de/10014357040
In games with continuum strategy sets, we model a player’s uncertainty about another player’s strategy, as an atomless probability distribution over the other player’s strategy set. We call a strategy profile (strictly) robust to strategic uncertainty if it is the limit, as uncertainty...
Persistent link: https://www.econbiz.de/10014170260
Persistent link: https://www.econbiz.de/10008441783
We study the interaction of organizational culture and personal prosocial orientation in team work where teams compete against each other. In a computerized lab experiment with minimal group design, we prime subjects to two alternative organizational cultures emphasizing either self-enhancement...
Persistent link: https://www.econbiz.de/10008511325
This paper experimentally investigates free-riding behavior on communication cost in a coordination game and finds strong indications of such free-riding. Firstly, the subjects tend to wait for others to send a message when communication is costly, which does not happen when communication is...
Persistent link: https://www.econbiz.de/10008548988
We model a player's uncertainty about other player's strategy choices as probability distributions over their strategy sets. We call a strategy profile robust to strategic uncertainty if it is the limit, as uncertainty vanishes, of some sequence of strategy profiles in each of which every...
Persistent link: https://www.econbiz.de/10008478921
This paper experimentally studies persuasion effects in ultimatum games and finds that Proposers' payoffs significantly increase if, along with offers, they can send messages which Responders read before their acceptance decision. Higher payoffs are due to higher acceptance rates as well as more...
Persistent link: https://www.econbiz.de/10005190303
This paper explores experimentally the effects of costly communication possibilities in market entry games. It is shown that these effects depend on whether entry costs are symmetric or asymmetric. In the former, but not the latter case, communication possibilities increase coordination success...
Persistent link: https://www.econbiz.de/10005645111