Coles, Peter; Shorrer, Ran - Fondazione ENI Enrico Mattei (FEEM) - 2013
this setting, we demonstrate the existence of an equilibrium where all agents use truncation strategies. Compared to … truthful reporting, in any equilibrium in truncation strategies, welfare diverges for men and women: women prefer the … truncation equilibrium, while men would prefer that participants truthfully report. In a general environment, we show that the …