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Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can … competitive auction to determine the terms of trade than if she uses her authority to dictate the same terms directly. Our results … inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …
Persistent link: https://www.econbiz.de/10010360299
Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can … competitive auction to determine the terms of trade than if she uses her authority to dictate the same terms directly. Our results … inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …
Persistent link: https://www.econbiz.de/10010361425
Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can … competitive auction to determine the terms of trade than if she uses her authority to dictate the same terms directly. Our results … inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …
Persistent link: https://www.econbiz.de/10010398532
Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can … competitive auction to determine the terms of trade than if she uses her authority to dictate the same terms directly. Our results … inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …
Persistent link: https://www.econbiz.de/10010781540
Is competition perceived as a fair procedure? We report data from laboratory experiments where a powerful buyer can … competitive auction to determine the terms of trade than if she uses her authority to dictate the same terms directly. Our results … inform the debate on the fairness of market outcomes by showing that the use of a competitive procedure can, by itself …
Persistent link: https://www.econbiz.de/10010817309
, advantage seeking, and self-interest. Unlike previously studied cases of symmetric proposer competition, the predictions of …
Persistent link: https://www.econbiz.de/10010688115
controlled conditions, we have conducted a public goods experiment with central punishment. The authority is neutral - she does … not benefit from contributions to the public good. Punishment is costly. Along with the punishment decisions the authority … authority´s decision affecting herself, not affecting others. In the Public treatment, all reasons are made public. Whenever …
Persistent link: https://www.econbiz.de/10010323857
We consider the notions of static and dynamic reasonableness of requests by an authority in a trust game experiment …. The authority, modelled as the experimenter, systematically varies the experimental norm of what is expected from trustees …
Persistent link: https://www.econbiz.de/10012876002
We consider the notions of static and dynamic reasonableness of requests by an authority in a trust game experiment …. The authority, modelled as the experimenter, systematically varies the experimental norm of what is expected from trustees …
Persistent link: https://www.econbiz.de/10012604555
controlled conditions, we have conducted a public goods experiment with central punishment. The authority is neutral - she does … not benefit from contributions to the public good. Punishment is costly. Along with the punishment decisions the authority …
Persistent link: https://www.econbiz.de/10009784192