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- Publications
- Influence
More Order with Less Law: On Contract Enforcement, Trust and Crowding
Most contracts, whether between voters and politicians or between house owners and contractors, are incomplete. “More law,” it typically is assumed, increases the likelihood of contract performance… Expand
Does information about competitors' actions increase or decrease competition in experimental oligopoly markets?
- S. Huck, Hans-Theo Normann, J. Oechssler
- Economics
- 1998
This paper investigates the impact of information about rivals' actions on the competitiveness of experimental oligopoly markets. We compare two treatments: in one, firms are informed about their… Expand
The Relevance of Equal Splits in Ultimatum Games
TLDR
Playing Cournot although they shouldn’t
- M. Fonseca, S. Huck, Hans-Theo Normann
- Economics
- 1 April 2005
Summary.In this note, we experimentally investigate the extended game with action commitment in a Cournot duopoly with asymmetric cost. Risk dominance considerations allow to select a unique… Expand
Imitation - Theory and Experimental Evidence
- J. Apesteguia, S. Huck, Jörg Oechssler
- Computer Science, Psychology
- J. Econ. Theory
- 10 September 2003
TLDR
Behavioral Economics as Applied to Firms: A Primer
- M. Armstrong, S. Huck
- Economics
- 1 February 2010
We discuss the literatures on behavioral economics, bounded rationality and experimental economics as they apply to firm behaviour in markets. Topics discussed include the impact of imitative and… Expand
Allais for all: Revisiting the paradox in a large representative sample
We administer the Allais paradox questions to both a representative sample of the Dutch population and to student subjects. Three treatments are implemented: one with the original high hypothetical… Expand
Burning money and (pseudo) first-mover advantages: an experimental study on forward induction
TLDR
To Commit or Not to Commit: Endogenous Timing in Experimental Duopoly Markets
- S. Huck, W. Müller, Hans-Theo Normann
- Economics, Computer Science
- Games Econ. Behav.
- 1 February 2002
TLDR
Competition Fosters Trust
TLDR