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In this experiment, we analyze strategic delegation in a Cournot duopoly. Owners can choose among two different …, while the second contract gives an additional sales bonus. Although theory predicts the second contract to be chosen, it is …
Persistent link: https://www.econbiz.de/10009583883
; experiment ; learning …
Persistent link: https://www.econbiz.de/10003828280
Which inequalities among individuals are considered unjust? This paper reports the results of an experiment designed to …
Persistent link: https://www.econbiz.de/10003803466
We propose a theory-based experimental approach to compare the properties of approval voting (AV) with those of … produce close to first-best outcomes, while plurality will not. The experiment shows, first, that welfare gains are …
Persistent link: https://www.econbiz.de/10011407606
This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The …
Persistent link: https://www.econbiz.de/10003115141
laboratory experiment we test the different theories by systematically varying information conditions. We find significant …
Persistent link: https://www.econbiz.de/10003023525
; median effort game ; experiment …
Persistent link: https://www.econbiz.de/10002881644
laboratory experiment. Our findings support the main comparative-static predictions of the model but also suggest that, when …
Persistent link: https://www.econbiz.de/10001693096
, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to …
Persistent link: https://www.econbiz.de/10013133937
We test the Average Credible Deviation Criterion (ACDC), a stability measure and refinement for cheap talk equilibria introduced in De Groot Ruiz, Offerman & Onderstal (2012a). ACDC has been shown to be predictive under general conditions and to organize data well in previous experiments meant...
Persistent link: https://www.econbiz.de/10013113620