Tesis doctoral de Lan Yao
This thesis is divided into three chapters that refer to two differents topics. The second chapter focuses on the incentive effects of lowering flat wages and its role in helping overcome coordination failure. The results weakly support the positive effects of lowering flat wages. The two papers in the third and fourth chapters relate the studies of information uncertainty of risk and ambiguity in market entry games. We study experimentally decisions under uncertainty of risk and ambiguity in market entry games, which captures the basic features of the phenomena over entry in the market. The important task is to find out whether the excessive participation is related to the information types of risk and ambiguity, and whether decisions are different in risk and ambiguity in strategic environments. We find ambiguity seeking in a market setting of a comparative environment of risky and ambiguous information market in fixed matching. However, in a non-comparative environment of risky and ambiguous information market, ambiguity seeking is salient in random matching, but not in fixed matching. We find that ambiguity effects in strategic games do not depend on whether risk and ambiguity are put in comparative or non-comparative contexts, but on the strategic complexity in the games. The stronger the strategic complexity is, the more salient the ambiguity effects.
Datos académicos de la tesis doctoral «Experimental studies on market entry under uncertainty and on coordination«
- Título de la tesis: Experimental studies on market entry under uncertainty and on coordination
- Autor: Lan Yao
- Universidad: Autónoma de barcelona
- Fecha de lectura de la tesis: 03/06/2008
Dirección y tribunal
- Director de la tesis
- Jordi Brandts
- Tribunal
- Presidente del tribunal: rosemarie Nagel
- enrique Fatás juberías (vocal)
- Antonio Morales siles (vocal)
- sjaak Hurkens (vocal)