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The standard framework for analyzing games with incomplete information models players as if they have an infinite depth … Harsanyi type spaces fails to capture the equilibrium behavior of players with a finite depth, at least in some games …
Persistent link: https://www.econbiz.de/10010352842
classical results to small deviations from perfect rationality. As an example, we demonstrate that in the global games of …
Persistent link: https://www.econbiz.de/10010352849
commonly believed, types generically have a unique rationalizable action in games that satisfy a richness condition. We show …
Persistent link: https://www.econbiz.de/10010352864
The standard framework for analyzing games with incomplete information models players as if they form beliefs about …
Persistent link: https://www.econbiz.de/10010282936
-negative learning cost and spending one period. If the agent has time-consistent preferences, she always chooses to learn whenever the … learning is beneficial. If the agent has time-inconsistent preferences, however, she may procrastinate such a learning …), the procrastination of learning can occur even when the learning cost is zero. The procrastination also leads to a non …
Persistent link: https://www.econbiz.de/10012141898
levels to spending on early and primary education. Effects of information provision persist over a two-week period in a …
Persistent link: https://www.econbiz.de/10011985272
. Experimental provision of return and cost information significantly increases educational aspirations. However, it does not close … the aspiration gap as university graduates respond even more strongly to the information treatment. Persistent effects in … a follow-up survey indicate that participants indeed process and remember the information. Differences in economic …
Persistent link: https://www.econbiz.de/10011932956
To study how information about educational inequality affects public concerns and policy preferences, we devise survey … experiments in representative samples of the German population. Providing information about the extent of educational inequality … strong positive information treatment effect, which is increased further by informing about policy effectiveness. …
Persistent link: https://www.econbiz.de/10011932975
about the university earnings premium. To test whether public support for tuition depends on earnings information, we devise … opposing tuition. Providing information on the university earnings premium raises support for tuition by 7 percentage points …, turning the plurality in favor. The opposition-reducing effect persists two weeks after treatment. Information on fiscal costs …
Persistent link: https://www.econbiz.de/10013197534
automation risk of their occupation, especially those in high-automatability occupations. Randomized information about their … in their work environment. The information also increases willingness to participate in further training, especially …
Persistent link: https://www.econbiz.de/10014467794