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Cheap Talk with Two Audiences: An Experiment
Drugov, Mikhail; Hernán-González, Roberto; Kujal, Praveen - Economic Science Institute (ESI), Argyros School of … - 2013
In this paper we experimentally test strategic information transmission between one informed and two uninformed agents in a cheap-talk game. We find evidence of the "disciplining" effect of public communication as compared to private; however, it is much weaker than predicted by the theory....
Persistent link: https://www.econbiz.de/10010817403
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Overbidding and Heterogeneous Behavior in Contest Experiments
Sheremeta, Roman M. - Economic Science Institute (ESI), Argyros School of … - 2013
We provide an overview of experimental literature on contests and point out the two main phenomena observed in most contest experiments- (i) overbidding relative to the standard Nash equilibrium prediction and (ii) heterogeneous behavior of ex-ante symmetric contestants. Based on the sample of...
Persistent link: https://www.econbiz.de/10010817423
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Perfect-Substitutes, Best-Shot, and Weakest-Link Contests between Groups
Sheremeta, Roman - Economic Science Institute (ESI), Argyros School of … - 2010
This experiment investigates contests between groups. Each group has one strong player, with a higher valuation for the …
Persistent link: https://www.econbiz.de/10010817442
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Can Groups Solve the Problem of Over-Bidding in Contests
Sheremeta, Roman M.; Zhang, Jingjing - Economic Science Institute (ESI), Argyros School of … - 2009
This study reports an experiment that examines whether groups can better comply with theoretical predictions than … individuals in contests. Our experiment replicates previous findings that individual players significantly overbid relative to … individual players. The new findings of our experiment are that groups make 25% lower bids, their bids have lower variance, and …
Persistent link: https://www.econbiz.de/10008556045
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Do Liars Believe? Beliefs and Other-Regarding Preferences in Sender-Receiver Games
Sheremeta, Roman M.; Shields, Timothy - Economic Science Institute (ESI), Argyros School of … - 2012
subject's own behavior in the other role. The results of the experiment indicate that 60 percent of senders adopt deceptive …
Persistent link: https://www.econbiz.de/10010817438
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Anarchy, Groups, and Conflict: An Experiment on the Emergence of Protective Associations
Smith, Adam C.; Skarbek, David B.; Wilson, Bart J. - Economic Science Institute (ESI), Argyros School of … - 2009
In this paper, we investigate the implications of the philosophical considerations presented in Nozick’s Anarchy, State, and Utopia, by examining group formation in a laboratory setting where subjects engage in both cooperative and conflictual interactions. We endow participants with a...
Persistent link: https://www.econbiz.de/10008577671
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Top Guns May Not Fire: Best-Shot Group Contests with Group-Specific Public Good Prizes
Chowdhury, Subhasish M.; Lee, Dongryul; Sheremeta, Roman M. - Economic Science Institute (ESI), Argyros School of … - 2013
We analyze a group contest in which n groups compete to win a group-specific public good prize. Group sizes can be different and any player may value the prize differently within and across groups. Players exert costly efforts simultaneously and independently. Only the highest effort (the...
Persistent link: https://www.econbiz.de/10010817398
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The cognitive basis of social behavior: cognitive reflection overrides antisocial but not always prosocial motives
Corgnet, Brice; Espín, Antonio M.; Hernán-González, … - Economic Science Institute (ESI), Argyros School of … - 2015
Even though human social behavior has received considerable scientific attention in the last decades, its cognitive underpinnings are still poorly understood. Applying a dual-process framework to the study of social preferences, we show in two studies that individuals with a more...
Persistent link: https://www.econbiz.de/10011184611
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Digit ratio and risk taking: Evidence from a large, multi-ethnic sample
Brañas-Garza, Pablo; Galizzi, Matteo M.; Nieboerc, … - Economic Science Institute (ESI), Argyros School of … - 2014
Using a large (n=543) multi-ethnic sample of laboratory subjects, we systematically investigate the link between the digit ratio (the ratio of the length of the index finger to the length of the ring finger, also called 2D:4D ratio) and two measures of individual risk taking: (i) risk...
Persistent link: https://www.econbiz.de/10011100199
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Resource Allocation Contests: Experimental Evidence
Shupp, Robert; Sheremeta, Roman M.; Schmidt, David; … - Economic Science Institute (ESI), Argyros School of … - 2013
potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation …
Persistent link: https://www.econbiz.de/10010817382