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Congestion, Coordination and Matching
Halko, Marja-Liisa; Salonen, Hannu - 2008
We study the existence of pure strategy Nash equilibria in finite congestion and coordination games. Player set is …
Persistent link: https://www.econbiz.de/10012502982
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Traffic congestion : an experimental study of the Downs-Thomson paradox
Dechenaux, Emmanuel; Mago, Shakun Datta; Razzolini, Laura - In: Experimental economics : a journal of the Economic … 17 (2014) 3, pp. 461-487
Persistent link: https://www.econbiz.de/10010411528
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Commuting for meetings
Fosgerau, Mogens; Engelson, Leonid; Franklin, Joel P. - In: Journal of urban economics 81 (2014), pp. 104-113
Persistent link: https://www.econbiz.de/10010464950
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Traffic congestion: an experimental study of the Downs-Thomson paradox
Dechenaux, Emmanuel; Mago, Shakun; Razzolini, Laura - In: Experimental Economics 17 (2014) 3, pp. 461-487
This study considers a model of road congestion with average cost pricing. Subjects must choose between two routes … coordination problem is amplified even further when the number of commuters is large. We find that, similar to other binary choice … experiments with congestion effects, aggregate traffic flows are close to the equilibrium levels, but systematic individual …
Persistent link: https://www.econbiz.de/10010988986
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Congestion, Coordination and Matching
Halko, Marja-Liisa; Salonen, Hannu - Turun Kauppakorkeakoulu, Turun Yliopisto - 2008
We study the existence of pure strategy Nash equilibria in finite congestion and coordination games. Player set is …
Persistent link: https://www.econbiz.de/10005537231
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Information and crowding externalities
Clark, C.; Polborn, Mattias - In: Economic Theory 27 (2006) 3, pp. 565-581
world, but also care about coordination with other agents who have the same problem. In some of these situations, the larger …
Persistent link: https://www.econbiz.de/10005596750
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Public Transit Capacity and Users' Choice: AnExperiment on Downs-Thomson Paradox
Denant-Boèmont, Laurent; Hammiche, Sabrina - HAL - 2009
We study the Downs-Thomson paradox, a situation where an additional road capacitycan cause an overall increase in transport generalized cost and therefore a decrease in welfarefor transport users. To this end, we build an experiment based on a double market-entrygame (DMEG) where users have to...
Persistent link: https://www.econbiz.de/10008792678
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Boosting Productivity in Australia
Koutsogeorgopoulou, Vassiliki; Barbiero, Omar - Economics Department, Organisation de Coopération et … - 2013
Australia’s productivity growth has decelerated markedly around the turn of the century. Part of the decline is probably temporary, but raising multifactor productivity is key to ensure that living standards continue to grow strongly, especially if the currently strong terms of trade weaken...
Persistent link: https://www.econbiz.de/10011276866
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Income redistribution and public good provision : an experiment
Rouaix, Agathe; Maurice, Jonathan; Willinger, Marc - Département Sciences Sociales, Agriculture et … - 2013
We provide a new experimental investigation of the neutrality theorem of Warr (1983), according to which “when a single public good is provided at positive levels by private individuals, its provision is unaffected by a redistribution of income". Our experimental design differs from Chan...
Persistent link: https://www.econbiz.de/10011210789
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Theories of behavior in principal-agent relationships with hidden action
Keser, Claudia; Willinger, Marc - Département Sciences Sociales, Agriculture et … - 2007
In a laboratory experiment, we investigate behavior in a principal–agent situation with moral hazard. We evaluate the predictive success of two theories. One is the standard agency theory, which assumes that the agent will accept any contract offer that satisfies his participation...
Persistent link: https://www.econbiz.de/10011268312