A5074428160- Experimental Behavioral Economics Studies
- Game Theory and Applications
- Culture, Economy, and Development Studies
- Global Financial Crisis and Policies
- Monetary Policy and Economic Impact
- Economics of Agriculture and Food Markets
- Decision-Making and Behavioral Economics
- Ethics in Business and Education
- Innovation and Knowledge Management
- Psychology of Social Influence
- Merger and Competition Analysis
- Complex Systems and Time Series Analysis
- Psychology of Moral and Emotional Judgment
Technische Universität Berlin
2020-2023
Does competition affect moral behavior? This fundamental question has been debated among leading scholars for centuries, and more recently, it tested in experimental studies yielding a body of rather inconclusive empirical evidence. A potential source ambivalent results on the same hypothesis is design heterogeneity-variation true effect sizes across various reasonable research protocols. To provide further evidence whether affects behavior to examine generalizability single study...
We investigate asymmetric price transmission (APT) in laboratory experiments and find that imperfect tacit collusion is likely the cause our otherwise frictionless markets. vary number of sellers across markets to evaluate role competition plays APT. report similar magnitudes asymmetry with 3, 4, 6, 10 sellers, but not duopolies. Furthermore, consistently set their prices above best-response levels implied by forecasts, particularly periods following negative shocks. interpret these pricing...
Experimental evidence shows that the rational expectations hypothesis fails to characterize path equilibrium after an exogenous shock when actions are strategic complements. Under identical shocks, however, repetition allows adaptive learning, so inertia in adjustment should fade away with experience. If this finding proves be robust, may irrelevant among experienced agents. The conjecture literature is would still persist, perhaps indefinitely, presence of real-world complications such as...
Experimental evidence shows that the rational expectations hypothesis fails to characterize path equilibrium after an exogenous shock when actions are strategic complements. Under identical shocks, however, repetition allows adaptive learning, so inertia in adjustment should fade away with experience. If this finding proves be robust, may irrelevant among experienced agents. The conjecture literature is would still persist, perhaps indefinitely, presence of real-world complications such as...