文献类型：期刊文献

英文题名：Social Preferences and Collusion: A Laboratory Experiment

作者：Cotten, Stephen J.[1];Li, Youping[2,3];Santore, Rudy[4]

机构：[1]Univ Houston Clear Lake, Dept Econ & Finance, Houston, TX 77058 USA;[2]East China Univ Sci & Technol, Sch Business, Shanghai 200237, Peoples R China;[3]East China Univ Sci & Technol, Oliver Hart Res Ctr Contracts & Governance, Shanghai 200237, Peoples R China;[4]Univ Tennessee, Dept Econ, Knoxville, TN 37996 USA

年份：2021

卷号：177

期号：2

起止页码：220

外文期刊名：JOURNAL OF INSTITUTIONAL AND THEORETICAL ECONOMICS-ZEITSCHRIFT FUR DIE GESAMTE STAATSWISSENSCHAFT

收录：;WOS:【SSCI(收录号:WOS:000827755900005)】；

基金：* Stephen J. Cotten: Department of Economics and Finance, University of Houston Clear Lake, Houston (TX), USA; Youping Li (corresponding author): School of Business and the Oliver Hart Research Center of Contracts and Governance, East China University of Science and Technology, Shanghai, P.R. China; Rudy Santore (corresponding author): Department of Economics, University of Tennessee, Knoxville (TN), USA. We wish to thank Gerd Muehlheusser and two anonymous referees for their valuable comments, and Tim Cason, Cary Deck, Paul J. Healy, and William S. Neilson for their comments on early versions of the paper. We also wish to thank Justin Roush for research assistance. Funding for this research was provided by the Behavioral Economics Research Group at The University of Tennessee and the University of Houston -Clear Lake.

语种：英文

外文关键词：experiments; collusion; social preferences

摘要：We investigate whether other-regarding preferences toward passive consumers affect seller behavior in a repeated duopoly game. Our experimental design as-signs a human subject to the role of consumer in one (human) treatment, but not in the other (robot) treatment. In the human treatment the consumer???s payoff is zero when the sellers successfully collude at low quantities, and positive other-wise. We find that sellers produce collusive quantities less frequently and earn lower profits in the human treatment. Our results provide evidence that social preferences can affect market outcomes.