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Information and competition entry
Ewers, Mara - 2012
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …
Persistent link: https://www.econbiz.de/10010282257
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Mutual knowledge of rationality in the electronic mail game
Takamiya, Koji; Tanaka, Akira - 2006
This paper reexamines the paradoxical aspect of the electronic mail game (Rubinstein, 1989). The electronic mail game is a coordination game with payoff uncertainty. At a Bayesian Nash equilibrium of the game, players cannot achieve the desired coordination of actions even when a high order of...
Persistent link: https://www.econbiz.de/10010332403
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Die Empfänger von Innovationsförderung: Ergebnisse einer Unternehmensbefragung in Niedersachsen
Mertins, Verena - 2008
In diesem Diskussionspapier werden die Ergebnisse einer im Mai/Juni 2007 durchgeführten Unternehmensbefragung im Raum Niedersachsen vorgestellt in Bezug auf die Fragestellung, ob sich Unternehmen, die Innovationsförderung erhalten, von nicht geförderten Unternehmen in Bezug auf generelle...
Persistent link: https://www.econbiz.de/10010266853
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Political polarization
Dixit, Avinash K.; Weibull, Jörgen W. - 2007
Failures of government policies often provoke opposite reactions from citizens; some call for a reversal of the policy while others favor its continuation in stronger form. We offer an explanation of such polarization, based on a natural bimodality of preferences in political and economic...
Persistent link: https://www.econbiz.de/10010281383
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Mutual knowledge of rationality in the electronic mail game
Takamiya, Koji (contributor); Tanaka, Akira (contributor) - 2006
This paper reexamines the paradoxical aspect of the electronic mail game (Rubinstein, 1989). The electronic mail game is a coordination game with payoff uncertainty. At a Bayesian Nash equilibrium of the game, players cannot achieve the desired coordination of actions even when a high order of...
Persistent link: https://www.econbiz.de/10003321328
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Information and competition entry
Ewers, Mara - 2012
This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …
Persistent link: https://www.econbiz.de/10009534049
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Signaling to the Crowd : Private Quality Information and Rewards-Based Crowdfunding
Chakraborty, Soudipta - 2019
to this model, chief among them credibly signaling information about product quality to a pool of small, uninformed … quality by setting a high target that is distorted above the full information optimal level. While a separating equilibrium …
Persistent link: https://www.econbiz.de/10012902537
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Advice Is Cheap : Information Is Not!
Häfner, Samuel - 2018
An entrepreneur contracts with a consultant, who is protected by limited liability, to supply information about the … probability than a bad one. The entrepreneur makes an upfront payment that the consultant can either invest in information … entrepreneurs so long as his informal referrals remain high. The principal finds it optimal to under-utilize information if she uses …
Persistent link: https://www.econbiz.de/10012932515
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Knowing Me, Knowing You : An Experiment on Mutual Payoff Information and Strategic Uncertainty
Alshaikhmubarak, Hazem; Hales, David; Kogelnik, Maria; … - 2021
We use a laboratory experiment to study how mutual payoff information affects play in strategic settings. Subjects play … the Prisoner's Dilemma or Stag Hunt game against randomly re-matched opponents under two information treatments. In our … partial-information treatment subjects are shown only their own payoffs, while in our full-information treatment they are …
Persistent link: https://www.econbiz.de/10013213631
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Advice is cheap : information is not!
Häfner, Samuel; Taylor, Curtis R. - 2017
An entrepreneur contracts with a consultant, who is protected by limited liability, to supply information about the … probability than a bad one. The entrepreneur makes an upfront payment that the consultant can either invest in information … entrepreneurs so long as his referrals remain high. The principal under-utilizes information in settings (i) and (ii). In setting …
Persistent link: https://www.econbiz.de/10012117630