Coricelli, Giorgi; Morales, Luis Gonzalez; Mahlstedt, Amelie - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003
We analyze the effects of introducing asymmetric information andexpectations in the investment game (Berg et al., 1995 …). In our experiment,only the trustee knows the size of the surplus. Subjects’expectations about each other’s behavior are …