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1by Normann, Hans‐Theo Wenzel, Tobias Published in The Scandinavian journal of economics (01.10.2019)“...We explore how increased competition affects firms’ obfuscation strategies in a laboratory experiment. Firms sell a base good and an add‐on product. Besides...”
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2by Nikiforakis, Nikos Nikiforakis, Nikos Normann, Hans-Theo Normann, Hans-Theo Published in Experimental Economics (01.12.2008)“...This paper provides a comparative-statics analysis of punishment in public-good experiments. We vary the effectiveness of punishment, that is, the factor by...”
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3“...We explore the difference between explicit and tacit collusion by investigating the impact communication has in experimental markets. For Bertrand oligopolies...”
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4by Benndorf, Volker Normann, Hans‐Theo Published in The Scandinavian journal of economics (01.10.2018)“...We assess the willingness of individuals to sell personal data in laboratory experiments. Our experiments are novel in that they are incentivized, the focus on...”
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5by Normann, Hans-Theo Published in European economic review (2009)“...This paper analyzes the impact vertical integration has on upstream collusion when the price of the input is linear. As a first step, the paper derives the...”
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6“...Factors facilitating collusion may not successfully predict cartel occurrence: When a factor predicts that collusion (explicit and tacit) becomes easier, firms...”
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7by Benndorf, Volker Kübler, Dorothea Normann, Hans-Theo Published in European economic review (01.04.2015)“...We study the voluntary revelation of private information in a labor-market experiment where workers can reveal their productivity at a cost. While rational...”
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8by Blanco, Mariana Engelmann, Dirk Koch, Alexander K Normann, Hans-Theo Published in Experimental economics : a journal of the Economic Science Association (01.12.2010)“...Belief-elicitation experiments usually reward accuracy of stated beliefs in addition to payments for other decisions. But this allows risk-averse subjects to...”
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9“...In a step-level public-good experiment, we investigate how the order of moves (simultaneous vs. sequential) and the number of step levels (one vs. two) affects...”
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10“...Cooperation in prisoner’s dilemma games can usually be sustained only if the game has an infinite horizon. We analyze to what extent the theoretically crucial...”
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11“...In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they may get fined by a cartel authority. We...”
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12by Huck, Steffen Normann, Hans-Theo Oechssler, Jörg Published in Journal of economic behavior & organization (2004)“...In this paper we investigate how the competitiveness of Cournot markets varies with the number of firms in an industry. We review previous Cournot experiments...”
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13by Benndorf, Volker Martínez-Martínez, Ismael Normann, Hans-Theo Published in Journal of economic theory (01.09.2016)“...Standard one- and two-population models for evolutionary games are the limit cases of a uniparametric family combining intra- and intergroup interactions. Our...”
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14by Blanco, Mariana Engelmann, Dirk Koch, Alexander K Normann, Hans-Theo Published in Games and economic behavior (01.09.2014)“...In empirical analyses of games, preferences and beliefs are typically treated as independent. However, if beliefs and preferences interact, this may have...”
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15by Normann, Hans-Theo Rösch, Jürgen Schultz, Luis Manuel Published in Journal of economic behavior & organization (01.01.2015)“...•In a repeated-game model, we show that buyer groups facilitate collusion.•This is particularly the case when the groups can exclude single firms from joint...”
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16by Normann, Hans-Theo Normann, Hans-Theo Requate, Till Requate, Till Waichman, Israel Waichman, Israel Published in Experimental Economics (01.09.2014)“...One key problem regarding the external validity of laboratory experiments is their duration: while economic interactions out in the field are often lengthy...”
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17“...We analyse the impact of mergers in experimental Bertrand-Edgeworth oligopolies. Treatment variables are the number of firms (two, three) and the distribution...”
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18by Hinloopen, Jeroen Müller, Wieland Normann, Hans-Theo Published in European economic review (01.01.2014)“...We analyze the impact of product bundling in experimental markets. One firm has monopoly power in a first market but competes with another firm à la Cournot in...”
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19“...We analyze the effects of cartel policies on firm behavior using data from the German power-cable cartel. Antitrust authorities affected the cartel under two...”
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20by Steffen Huck Hans-Theo Normann Jörg Oechssler Published in The Economic journal (London) (01.03.1999)“...This experiment was designed to test various learning theories in the context of a Cournot oligopoly. We derive theoretical predictions for the learning...”