Experimental Studies on Partnership Dissolution, R&D Investment, and Gift Giving (eBook)

Nadja Trhal  published her work with Kölner Wissenschaftsverlag until 2018.

Acknowledgements 7
Table of Contents 8
List of Tables 10
List of Figures 12
I Introduction 13
II Partnership Dissolution Mechanisms 17
II.1 General Introduction 17
II.2 Related Literature 20
II.3 Partnership Dissolution with Independent Private Values 23
II.3.1 Introduction 23
II.3.2 The Model 26
II.3.3 Experimental Design and Procedures 31
II.3.4 Experimental Performance of the Dissolution Mechanisms 32
II.3.4.1 Efficiency 32
II.3.4.2 Payoffs 35
II.3.4.3 Individual Bidding/Proposing Behavior 35
II.3.5 Conclusions 39
II.4 Partnership Dissolution with Interdependent Valuations 40
II.4.1 Introduction 40
II.4.2 Partnership Structure, Dissolution Mechanisms and Efficiency 44
II.4.3 Experimental Design and Procedures 47
II.4.4 Experimental Results 49
II.4.4.1 Efficiency 49
II.4.4.2 Payoffs 55
II.4.4.3 Individual Behavior 61
II.4.5 Conclusions 65
II.5 Appendix to Chapter II 70
III The Influence of Patents and Subsidies on R& D Investment Incentives
III.1 Introduction 88
III.2 The Model 92
III.2.1 Market Stage 94
III.2.2 R& D Investment Stage
III.2.3 Distributional Effects 96
III.2.4 Experimental Setup: Equilibrium Predictions and Hypotheses 98
III.3 Experimental Design and Procedures 100
III.4 Experimental Results 102
III.4.1 R& D Investments
III.4.1.1 Investment Dynamics 103
III.4.1.2 Individual Investment Decisions 106
III.4.2 Cost Structure, Prices and Profits 111
III.4.2.1 Cost Structure 111
III.4.2.2 Prices and Mark-Ups 112
III.4.2.3 Profits 116
III.4.3 Welfare and Distributional Effects 118
III.5 Conclusions 120
III.6 Appendix to Chapter III 123
IV The Impact of Responsibility on Gift Giving 139
IV.1 Introduction 139
IV.2 Experimental Design and Procedures 144
IV.3 Results 146
IV.3.1 Gift Giving and Behavioral Types – Allocation Matters 147
IV.3.2 The Impact of Responsibility – Process Matters 149
IV.3.3 The Impact of Responsibility on Safety Choosers and Risk Choosers 151
IV.3.4 Impact of Responsibility on Expectations of Actions 154
IV.4 A Cross-Cultural Comparison – Evidence from Germany and India 156
IV.5 Discussion and Conclusions 159
IV.6 Appendix to Chapter IV 162
V Conclusions 172
Bibliography 175