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In Search of Stars: Network Formation among Heterogeneous Agents
Ule, Aljaž; Goeree, Jacob K.; Riedl, Arno - Fondazione ENI Enrico Mattei (FEEM) - 2007
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing …
Persistent link: https://www.econbiz.de/10005423187
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Predicting one Shot Play in 2x2 Games Using Beliefs Based on Minimax Regret
Gallice, Andrea - Fondazione ENI Enrico Mattei (FEEM) - 2006
We present a simple procedure that selects the strategies most likely to be played by inexperienced agents who interact in one shot 2x2 matching pennies games. As a first step we axiomatically describe players’ beliefs. We find the minimax regret criterion to be the simplest functional form...
Persistent link: https://www.econbiz.de/10005385407
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(Anti-) Coordination in Networks
Kovarik, Jaromir; Mengel, Friederike; Romero, José Gabriel - Fondazione ENI Enrico Mattei (FEEM) - 2010
We study (anti-) coordination problems in networks in a laboratory experiment. Partici- pants interact with their …
Persistent link: https://www.econbiz.de/10008467327
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Incorporating Fairness Motives into the Impulse Balance Equilibrium and Quantal Response Equilibrium Concepts: An Application to 2x2 Games
Tavoni, Alessandro - Fondazione ENI Enrico Mattei (FEEM) - 2009
Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
Persistent link: https://www.econbiz.de/10005008036
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Extrapolation in Games of Coordination and Dominance Solvable Games
Mengel, Friederike; Sciubba, Emanuela - Fondazione ENI Enrico Mattei (FEEM) - 2010
We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the …
Persistent link: https://www.econbiz.de/10008828406
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Divide and Conquer: Noisy Communication in Networks, Power, and Wealth Distribution
Perez, Wilson - Fondazione ENI Enrico Mattei (FEEM) - 2004
network structure and the noise level are determinants of the political equilibrium and wealth distribution. The model … and Shin, 2002). Finally, I illustrate the model by applying it to cases in Nigeria and Zaire/Congo. …
Persistent link: https://www.econbiz.de/10005385474
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Cheap Talk with Correlated Signals
Chand, A.K.S.; Currarini, Sergio; Ursino, Giovanni - Fondazione ENI Enrico Mattei (FEEM) - 2013
. We then generalize the model to an arbitrary number of senders, and we find that, in this case, the effect of correlation …
Persistent link: https://www.econbiz.de/10010833919
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Strategic Immigration Policies and Welfare in Heterogeneous Countries
Fujita, Masahisa; Weber, Shlomo - Fondazione ENI Enrico Mattei (FEEM) - 2004
In this paper we consider a model with two industrialised countries and immigrants that come from “the rest of the … and then study the welfare implications of countries’ choices. It turns out that a county with a higher degree of … a higher welfare level. Our results call for coordinated and harmonised immigration policies that may improve the …
Persistent link: https://www.econbiz.de/10005570317
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Myopic or Farsighted? An Experiment on Network Formation
Mantovani, Marco; Kirchsteiger, Georg; Mauleon, Ana; … - Fondazione ENI Enrico Mattei (FEEM) - 2011
agents are farsighted, related stability concepts have been proposed. We design a simple network formation experiment to test …
Persistent link: https://www.econbiz.de/10009131101
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Constrained School Choice: An Experimental Study
Haeringer, Guillaume; Calsamiglia, Caterina; Klijn, Flip - Fondazione ENI Enrico Mattei (FEEM) - 2009
The literature on school choice assumes that families can submit a preference list over all the schools they want to be assigned to. However, in many real-life instances families are only allowed to submit a list containing a limited number of schools. Subjects' incentives are drastically...
Persistent link: https://www.econbiz.de/10005008015