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Matrix Inversion of Demand Systems Reconsidered

Kolberg, William C. - 2011

permitted to expand beyond duopoly. Under these conditions, matrix inversion imparts a bias is in favor of quantity competition … relative to price competition in models explicitly designed to compare them and this can be significant.An alternative method … properly control for the nature of the product) in comparative studies of price vs. quantity competition involving more than …

Persistent link: https://www.econbiz.de/10013134567

Experimenting with Contests for Experimentation

Deck, Cary A. - 2016

We report an experimental test of alternative rules in innovation contests when success may not be feasible and contestants may learn from each other. Following Halac et al. (forthcoming), the contest designer can vary the prize allocation rule from Winner-Take-All in which the first successful...

Persistent link: https://www.econbiz.de/10012992465

Single- and Double-Elimination All-Pay Tournaments

Deck, Cary A. - 2015

Tournaments consisting of iterative matches are a common mechanism for determining how to allocate a prize. For this reason it is important to understand the behavioral as well as the theoretical properties of different tournament structures. Given that laboratory experiments have consistently...

Persistent link: https://www.econbiz.de/10013033337

Experimental Research on Contests

Sheremeta, Roman M. - 2018

Costly competitions between economic agents are modeled as contests. Researchers use laboratory experiments to study contests and test comparative static predictions of contest theory. Commonly, researchers find that participants' efforts are significantly higher than predicted by the standard...

Persistent link: https://www.econbiz.de/10012910152

The effect of link costs on simple buyer–seller networks

Doğan, Gönül; van Assen, Marcel; Potters, Jan - In: Games and Economic Behavior 77 (2013) 1, pp. 229-246

We examine experimentally how link costs affect the formation of links between a single seller and two potential buyers as well as the ensuing bargaining. Theory predicts that link costs lead to less competitive networks, with one link rather than two links, and that link costs do not affect the...

Persistent link: https://www.econbiz.de/10011049882

Paying for Express Checkout : Competition and Price Discrimination in Multi-Server Queuing Systems

Deck, Cary A. - 2015

We model competition between two firms selling identical goods to customers who arrive in the market stochastically …

Persistent link: https://www.econbiz.de/10013034692

Cournot Competition, Contestability, and Hit-and-Run Entry and Exit in a Teaching Experiment

Gächter, Simon; Thöni, Christian; Tyran, Jean-Robert - 2004

We describe a computerized experiment which can be used to introduce students to imperfect competition in courses on …

Persistent link: https://www.econbiz.de/10014068378

A survey of experimental research on contests, all-pay auctions and tournaments

Dechenaux, Emmanuel; Kovenock, Daniel J.; Sheremeta, … - 2012

legal systems, political competition, war, conflict avoidance, sales, and charities, and suggest directions for future …

Persistent link: https://www.econbiz.de/10009687977

A Survey of Experimental Research on Contests, All-Pay Auctions and Tournaments

Dechenaux, Emmanuel - 2012

legal systems, political competition, war, conflict avoidance, sales, and charities, and suggest directions for future …

Persistent link: https://www.econbiz.de/10013100140

All-Pay Contests

Siegel, Ron - 2011

investments inherent in scenarios such as lobbying, competition for market power, labor-market tournaments, and Ramp;D races …

Persistent link: https://www.econbiz.de/10012756936

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