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This paper examines the conception of individuals as being of certain types in Harsanyi'stransformation of games of incomplete information into games of complete information. Itargues that while the conception of the individual in games of complete information offerspotential advances over the...
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, contrary to theory, public signals are equally persuasive as private ones under strategic substitutes. Senders respond to this …
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outcomes that are inconsistent with a straightforward interpretation of economic theory, some notion of ‘fairness’ is invoked …
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This paper reports the results of experiments involving a 3-personcoalitionformation game with an ultimatumbargaining character. The grand coalition was always the efficientcoalition,whereas the values of the 2-personcoalitions are varied such that they lead to an efficiency loss inthe range...
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