In a hold-up experiment designed to test theoretical predictions following from Hart (1995) and deMeza/Lockwood (1998 … deviations from standard theory can be explained by positive reciprocal behavior. In this paper, we replicate the experiment by … experiment shows that the results by SOS crucially depend on the ownership structure being exogenously assigned by the …

Telephone waiting times for a commercial service were varied in two different experiments. In the first experiment, the … evaluations was increased by the monetary costs of waiting. In the second experiment, the waiting times were filled in different …

We use an experiment to compare two institutions for allocating the proceeds of team production. Under revenue …

We report an experiment comparing sequential and simultaneous contributions to a public good in a quasi-linear two …

We conduct a prisoner’s dilemma experiment with a punishment/reward stage, where punishments and rewards are risky …

one-shot price competition models that test the hassle cost argument by varying proportions of positive and zero hassle …

to defeat the incumbent. Second, we analyze the impact that a subject’s “mental model” (which we infer from a pre-experiment …