Competition and cooperation in markets. The experimental case of a winner-take-all setting

Journal of Socio-Economics

Volumn 39, Issue 2, 2010, Pages 163-170

  Ottone, Stefania ^a   Ponzano, Ferruccio ^b  

^a UNIVERSITY OF MILANO BICOCCA   (Italy)

^b UNIVERSITY OF EASTERN PIEDMONT   (Italy)

Author keywords

Competition; Cooperation; Public good; Risk aversion; Winner take all market

Indexed keywords

EID: 77951093123     PISSN: 10535357     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.socec.2009.10.001     Document Type: Article

References (18)

1. Bardsley N., Moffatt P.G. The experimetrics of public goods: inferring motivations from contributions. Theory and Decision 2007, 62:161-193.
2. Canegallo C., Ortona G., Ottone S., Ponzano F., Scacciati F. Competition vs. cooperation. Some experimental evidence. Journal of Socio-Economics 2008, 37:18-30.
3. Chaudhuri A., Graziano S., Pushkar M. Social learning and norms in a public goods experiments with inter-generational advice. Review of Economic Studies 2006, 73:357-380.
4. Chen Z. Fighting Collusion in Tournaments. MPRA Paper 872 2006.
5. Dinar S. Scarcity and cooperation along international rivers. Global Environmental Politics 2009, 9:109-135.
6. Engel C. How much collusion? A meta-analysis on oligopoly experiments. Journal of Competition Law and Economics 2007, 3:491-549.
7. Fehr E., Schmidt K.M. Theories of Fairness and Reciprocity-Evidence and Economic Applications 2000, CESIFO Working Paper 403, Munich.
8. Fischbacher U. z-Tree: Zurich toolbox for ready-made economic experiments. Experimental Economics 2007, 10:171-178.
9. Fischbacher U., Thöni C. Excess entry in an experimental winner-take-all market. Journal of Economic Behavior and Organization 2008, 67:150-163.
10. Friedman J.V. On experimental research in oligopoly. Review of Economic Studies 1969, 36:399-415.
11. Kahneman D., Tversky A. Prospect theory: an analysis of decisions under risk. Econometrica 1979, 47:313-327.
12. Knetsch J.L., Sinden J.A. Willingness to pay and compensation demanded: experimental evidence of an unexpected disparity in measures of value. Quarterly Journal of Economics 1984, 507-521.
13. Kräkel M., Nieken P., Przemeck J. Risk Taking in Winner-take-all Competition 2008, Bonn Econ Discussion Paper 07, Bonn.
14. Ledyard J. Public goods: a survey of experimental research. Handbook of Experimental Economics 1995, 111-195. Princeton University Press, Princeton. A. Roth, J. Kagel (Eds.).
15. Smith J.M. Evolution and the Theory of Games 1982, Cambridge University Press, Cambridge.
16. Smith V. An experimental study of competitive market behavior. Journal of Political Economy 1962, 70:111-137.
17. Sugden R. The Economics of Rights, Co-operation and Welfare 2004, Palgrave Macmillan.
18. Sutter M., Strassmair C. Communication, cooperation and collusion in team tournaments-an experimental study. Games and Economic Behavior 2009, 66:506-525.