absorptionand experimentally test the effects of informing none, some, or all playersabout how to derive equilibrium predictions. …

trades due to information asymmetries.In order to create a potential for social learning, we provide subjects with …

We analyze the effects of introducing asymmetric information andexpectations in the investment game (Berg et al., 1995 … also elicited. Our resultsshow that average payback levels increase with the average amountsent. Asymmetric information …

This paper examines simple parimutuel betting games under asymmetric information,with particular attention to … bettors and the quality of their private information. Therealways exists a separating equilibrium, in which all bettors follow …, earlier bets have information externalities, because they may reveal privateinformation of bettors. They also have payoff …

experiment compares punctual to interval information about the number of repetitions, whereby interval information can be … contribution levels do not change signicantly across treatments, asymmetric information about the time horizon reduces the …

This paper examines finite parimutuel betting games with asymmetric information, with particular attention to … the number of bettors and the quality of their private information. There alwaysexists a separating equilibrium, where all … cases (rational and myopic betting), due to theinteraction between information externalities generated by observational …

information, oligopoly models withasymmetrically informed firms being no exception. We dispose of the common prior assumptionin a …