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Browsing by Author "Normann, Hans-Theo"
Now showing items 1-7 of 7
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2001-02-01BuchCapacity Choices and Price Competition in Experimental Markets Anderhub, Vital; Güth, Werner; Kamecke, Ulrich; Normann, Hans-TheoIn the heterogeneous experimental oligopoly markets of this paper, sellers first choose capacities and then prices. In equilibrium, capacities should correspond to the Cournot prediction. In the experimental data, given ...
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2013-09-05BuchPrivacy Concerns, Voluntary Disclosure of Information, and Unraveling Benndorf, Volker; Kübler, Dorothea; Normann, Hans-TheoWe study the voluntary revelation of private, personal information in a labor-market experiment with a lemons structure where workers can reveal their productivity at a cost. While rational revelation improves a worker's ...
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1999-04-13BuchStackelberg beats Cournot Huck, Steffen; Müller, Wieland; Normann, Hans-TheoWe report on an experiment designed to compare Stackelberg and Cournot duopoly markets with quantity competition. For each market we implement both a random matching and fixed-pairs version. Stackelberg markets yield, ...
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2000-05-11BuchStrategic Delegation in Experimental Markets Huck, Steffen; Müller, Wieland; Normann, Hans-TheoIn this experiment, we analyze strategic delegation in a Cournot duopoly. Owners can choose among two different contracts which determine their managers' salaries. One contract simply gives managers incentives to maximize ...
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2000-01-20BuchTax Liability Side Equivalence in ExperimentalPosted-Offer Markets Borck, Rainald; Engelmann, Dirk; Müller, Wieland; Normann, Hans-TheoIn theory, the incidence of a tax should be independent of which side of the market it is levied on. This principle of liability side equivalence underlies virtually all theories of tax incidence. Policy discussions, ...
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1999-07-14BuchThrough Trial and Error to Collusion Oechssler, Jörg; Huck, Steffen; Normann, Hans-Theo
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1999-05-11BuchTo commit or not to commit Huck, Steffen; Müller, Wieland; Normann, Hans-Theo