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The article introduces experimental economics as a teaching tool and as an analytical instrument in a competition policy context. Based on experimental data from two training sessions in two different competition authorities, the advantages of an experimental approach in conveying an intuitive...
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In his 1906 address to the American Bar Association (“ABA”) in Saint Paul, Minnesota, Roscoe Pound identified a “sporting theory of justice” as one of the sources of societal irritation with the United States courts. Pound warned that approaching law as a “mere game,” demonstrated by...
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The Austrian Federal Competition Authority (AFCA) invited comment on its draft guidelines for exempting “sustainability agreements” from condemnation under Austrian competition law. That law recently changed, allowing a specific exemption for otherwise anticompetitive horizontal agreements...
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In experimental games, a substantial minority of players often fail to best respond. Using two-person 3x3 one-shot games, we investigated whether 'structuring' the pre-decision deliberation process produces greater consistency between individuals' stated values and beliefs on the one hand and...
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