Friday, February 11, 2011

Experiments in Industrial Organization

Hans-Theo Normann and Bradley Ruffle have edited a special issue of the International Journal of Industrial Organization on Experiments in Industrial Organization


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Introduction to the special issue on experiments in industrial organization  
Pages 1-3
Hans-Theo Normann, Bradley Ruffle

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An experimental study of exclusive contracts  Original Research Article
Pages 4-13
Angela M. Smith
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Buyer confusion and market prices  Original Research Article
Pages 14-22
Kenan Kalaycı, Jan Potters

Research highlights

Buyer confusion and market prices ► Sellers make it hard for buyers to assess the quality of their goods ► As a result buyers are confused about the relative quality of different goods ► This allows sellers to increase their prices.
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Information value and externalities in reputation building  Original Research Article
Pages 23-33
Gary E. Bolton, Axel Ockenfels, Felix Ebeling
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Auctions with toeholds: An experimental study of company takeovers  Original Research Article
Pages 34-45
Sotiris Georganas, Rosemarie Nagel
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An experimental test of automatic mitigation of wholesale electricity prices  Original Research Article
Pages 46-53
Daniel L. Shawhan, Kent D. Messer, William D. Schulze, Richard E. Schuler
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Auctions with resale when private values are uncertain: Evidence from the lab and field  Original Research Article
Pages 54-64
Andreas Lange, John A. List, Michael K. Price
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Is there a U-shaped relation between competition and investment?  Original Research Article
Pages 65-73
Dario Sacco, Armin Schmutzler
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An experiment on spatial competition with endogenous pricing  Original Research Article
Pages 74-83
Iván Barreda-Tarrazona, Aurora García-Gallego, Nikolaos Georgantzís, Joaquín Andaluz-Funcia, Agustín Gil-Sanz
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Fighting collusion in auctions: An experimental investigation  Original Research Article
Pages 84-96
Audrey Hu, Theo Offerman, Sander Onderstal
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Can real-effort investments inhibit the convergence of experimental markets?  Original Research Article
Pages 97-103
Timothy N. Cason, Lata Gangadharan, Nikos Nikiforakis
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Group identity in markets  Original Research Article
Pages 104-115
Sherry Xin Li, Kutsal Dogan, Ernan Haruvy
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Rent seeking in groups  Original Research Article
Pages 116-125
T.K. Ahn, R. Mark Isaac, Timothy C. Salmon
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Cartel formation and pricing: The effect of managerial decision-making rules  Original Research Article
Pages 126-133
Joris Gillet, Arthur Schram, Joep Sonnemans
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Price dynamics and collusion under short-run price commitments  Original Research Article
Pages 134-153
Kasper Leufkens, Ronald Peeters
Posted by Al Roth at 2:55 AM 0 comments
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Thursday, February 10, 2011

Experimental conference and summer school at Barcelona in June

There will be lots to learn...

2nd LeeX International Conference on Theoretical and Experimental Macroeconomics, June 10-11, 2011at Universitat Pompeu Fabra. Keynote speakers are:Jean-Robert Tyran, University of Wiena, and Jordi Gali, CREI UPF. The conference organizers are: John Duffy, University of Pittsburgh Frank Heinemann, Technical University of Berlin, Rosemarie Nagel , Universitat Pompeu Fabra. Deadline Friday, April 1, 2011.

Summer school: Fourth Barcelona LeeX Experimental Summer School in Macroeconomics, June 6-9 2011 at Universitat Pompeu Fabra. The summer school  organizers are: John Duffy, University of Pittsburgh Frank Heinemann, Technical University of Berlin, Rosemarie Nagel , Universitat Pompeu Fabra. Deadline 18 April 2011. 
Posted by Al Roth at 2:42 AM 0 comments
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Wednesday, February 9, 2011

Wake Forest coach donates a kidney to player

The story is here, it was published yesterday, and I saw it only after yesterday's blog post of organ donation stories.

"When a coach says he would do anything for his players, it sounds like a cliché.

"Then there is Wake Forest baseball coach Tom Walter.

"On Monday, Walter donated one of his healthy kidneys to Kevin Jordan, a Wake Forest freshman outfielder talented enough to be drafted in the 19th round by the New York Yankees last year but sick enough to wonder if he would ever play again.

"Surviving became Jordan's challenge.

"Today, Walter and Jordan are recuperating together at Emory University in Atlanta, each with one healthy kidney and baseball in their futures.

"I wanted to help this young man," Walter, 42, said on a conference call last week. "When we recruit our guys, we talk about family and making sacrifices for one another. It's something we take very seriously."

"When no one in Jordan's family could give him what he needed, the baseball coach - for whom Jordan has never played a game - did."

Note that there's even an unraveling aspect to the story: the young man was drafted by the Yankees as a high school student.

HT: Thayer Morrill
Posted by Al Roth at 2:11 AM 2 comments
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