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Jena Economic Research Papers, MPI für Ökonomik >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/36672
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Güth, Werner | | en_US |
| dc.contributor.author | | Häger, Kirsten | | en_US |
| dc.contributor.author | | Kirchkamp, Oliver | | en_US |
| dc.contributor.author | | Schwalbach, Joachim | | en_US |
| dc.date.accessioned | | 2010-07-05 | | en_US |
| dc.date.accessioned | | 2010-07-20T13:51:11Z | | - |
| dc.date.available | | 2010-07-20T13:51:11Z | | - |
| dc.date.issued | | 2010 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/36672 | | - |
| dc.description.abstract | | Like Feinberg and Sherman (1985) and Phillips and Mason (1992) we test experimentally whether conglomerate firms, i.e., firms competing on multiple structurally unrelated markets, can effectively limit competition. Our more general analysis assumes differentiated rather than homogeneous products and distinguishes strategic substitutes as well as complements to test this forbearance hypothesis. Rather than only a partners design we also explore a random strangers design to disentangle effects of forbearance and repeated interaction. Surprisingly, conglomerate firms do not limit competition, they rather foster it. More in line with our expectations we find more cooperation in complement markets than in substitute markets and also more cooperation in a partners than in a strangers matching. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Univ. [u.a.] Jena | | en_US |
| dc.relation.ispartofseries | | Jena economic research papers 2010,043 | | en_US |
| dc.subject.jel | | C91 | | en_US |
| dc.subject.jel | | D43 | | en_US |
| dc.subject.jel | | L41 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Experiment | | en_US |
| dc.subject.keyword | | Forbearance | | en_US |
| dc.subject.keyword | | Competition | | en_US |
| dc.title | | Testing forbearance experimentally: Duopolistic competition of conglomerate firms | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 630558116 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
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