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Social and Behavioral Sciences Commons

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Articles 1 - 20 of 20

Full-Text Articles in Social and Behavioral Sciences

Opec, The Seven Sisters, And Oil Market Dominance: An Evolutionary Game Theory And Agent-Based Modeling Approach, Aaron Wood, Charles F. Mason, David C. Finnoff Dec 2015

Opec, The Seven Sisters, And Oil Market Dominance: An Evolutionary Game Theory And Agent-Based Modeling Approach, Aaron Wood, Charles F. Mason, David C. Finnoff

Charles F Mason

No abstract provided.


Price Discontinuities In The Market For Rins, Charles F. Mason, Neil A. Wilmot Dec 2015

Price Discontinuities In The Market For Rins, Charles F. Mason, Neil A. Wilmot

Charles F Mason

No abstract provided.


On The Strategic Use Of Border Tax Adjustments As A Second-Best Climate Policy Measure, Charles F. Mason, Edward B. Barbier, Victoria Umanskaya Jul 2015

On The Strategic Use Of Border Tax Adjustments As A Second-Best Climate Policy Measure, Charles F. Mason, Edward B. Barbier, Victoria Umanskaya

Charles F Mason

No abstract provided.


Pipeline Congestion And Basis Differentials, Matthew E. Oliver, Charles F. Mason, David C. Finnoff Nov 2014

Pipeline Congestion And Basis Differentials, Matthew E. Oliver, Charles F. Mason, David C. Finnoff

Charles F Mason

No abstract provided.


Duopoly Behavior In Asymmetric Markets : An Experimental Evaluation, Charles F. Mason, Owen R. Phillips, C. Nowell Jun 2012

Duopoly Behavior In Asymmetric Markets : An Experimental Evaluation, Charles F. Mason, Owen R. Phillips, C. Nowell

Charles F Mason

Duopoly Behavior in Asymmetric Markets : An Experimental Evaluation


Wars Of Attrition In Experimental Duopoly Markets, Owen R. Phillips, Charles F. Mason Jun 2012

Wars Of Attrition In Experimental Duopoly Markets, Owen R. Phillips, Charles F. Mason

Charles F Mason

Wars of Attrition in Experimental Duopoly Markets


Information And Cost Asymmetry In Experimental Duopoly Markets, Charles F. Mason, Owen R. Phillips Jun 2012

Information And Cost Asymmetry In Experimental Duopoly Markets, Charles F. Mason, Owen R. Phillips

Charles F Mason

Information and Cost Asymmetry in Experimental Duopoly Markets


Entry, Collusion, And Capacity Constraints, Charles F. Mason, C. Nowell Jun 2012

Entry, Collusion, And Capacity Constraints, Charles F. Mason, C. Nowell

Charles F Mason

Entry, Collusion, and Capacity Constraints


The Commons And The Optimal Number Of Firms, R. Cornes, Charles F. Mason, T. Sandler Jun 2012

The Commons And The Optimal Number Of Firms, R. Cornes, Charles F. Mason, T. Sandler

Charles F Mason

The Commons and the Optimal Number of Firms


Eco-Labeling And Market Equilibria With Noisy Certification Tests, Charles F. Mason Mar 2011

Eco-Labeling And Market Equilibria With Noisy Certification Tests, Charles F. Mason

Charles F Mason

No abstract provided.


Are Ceos Expected Utility Maximizers?, John List, Charles Mason Dec 2010

Are Ceos Expected Utility Maximizers?, John List, Charles Mason

Charles F Mason

Are individuals expected utility maximizers? This question represents much more than academic curiosity. In a normative sense, at stake are the fundamental underpinnings of the bulk of the last half-century’s models of choice under uncertainty. From a positive perspective, the ubiquitous use of benefit-cost analysis across government agencies renders the expected utility maximization paradigm literally the only game in town. In this study, we advance the literature by exploring CEO’s preferences over small probability, high loss lotteries. Using undergraduate students as our experimental control group, we find that both our CEO and student subject pools exhibit frequent and large departures …


Dynamic Learning In A Two-Person Experimental Game, Charles F. Mason, Owen R. Phillips Aug 2001

Dynamic Learning In A Two-Person Experimental Game, Charles F. Mason, Owen R. Phillips

Charles F Mason

No abstract provided.


Information Sharing And Tacit Collusion In Laboratory Duopoly Markets, Timothy N. Cason, Charles F. Mason Jan 1999

Information Sharing And Tacit Collusion In Laboratory Duopoly Markets, Timothy N. Cason, Charles F. Mason

Charles F Mason

No abstract provided.


An Experimental Analysis Of Subgame Perfect Play: The Entry Deterrence Game, Charles F. Mason, Clifford Nowell Nov 1998

An Experimental Analysis Of Subgame Perfect Play: The Entry Deterrence Game, Charles F. Mason, Clifford Nowell

Charles F Mason

No abstract provided.


Mitigating The Tragedy Of The Commons Through Cooperation: An Experimental Evaluation, Charles F. Mason, Owen R. Phillips Sep 1997

Mitigating The Tragedy Of The Commons Through Cooperation: An Experimental Evaluation, Charles F. Mason, Owen R. Phillips

Charles F Mason

No abstract provided.


The Optimal Number Of Firms In The Commons: A Dynamic Approach, Charles F. Mason, Stephen Polasky Jan 1997

The Optimal Number Of Firms In The Commons: A Dynamic Approach, Charles F. Mason, Stephen Polasky

Charles F Mason

No abstract provided.


Market Regulation And Multimarket Rivalry, Owen R. Phillips, Charles F. Mason Dec 1995

Market Regulation And Multimarket Rivalry, Owen R. Phillips, Charles F. Mason

Charles F Mason

Multimarket contact between duopolists in an X and a Y market is modelled with a trigger strategy. We show that mildly restrictive price-cap regulation in the X market decreases Y market quantities; but restrictive caps in the X market have a positive impact on Y market outputs. Behavior in laboratory markets confirms these propositions. Regulation that lowers X market prices by a small amount results in a statistically significant reduction in Y outputs. When the regulated X market price is reduced to the Cournot/Nash level, Y market outputs rise to a point statistically indistinguishable from the unregulated quantities.


Entry Deterrence In The Commons, Charles F. Mason, Stephen Polasky Apr 1994

Entry Deterrence In The Commons, Charles F. Mason, Stephen Polasky

Charles F Mason

No abstract provided.


Imperfect Product Testing And Market Size, Charles F. Mason, Frederic P. Sterbenz Jan 1994

Imperfect Product Testing And Market Size, Charles F. Mason, Frederic P. Sterbenz

Charles F Mason

No abstract provided.


Mutual Forbearance In Experimental Conglomerate Markets, Owen R. Phillips, Charles F. Mason Dec 1991

Mutual Forbearance In Experimental Conglomerate Markets, Owen R. Phillips, Charles F. Mason

Charles F Mason

We conduct economic experiments to gauge the level of cooperation between conglomerate rivals. First we run control experiments to observe cooperation between subjects acting as duopolists in one of two markets. In the control experiments, subject pairs choose a quantity xi (or yi) from a payoff matrix in a repeated game. Relatively less cooperation is observed in the Y market than in the X market. A second series of experiments then combines the two payoff matrices to create a conglomerate setting. Facing each other in two markets, opponents now choose an (xi, yi) …