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Advertisements provide consumers with knowledge about private products, whereas political information is required to provide voters with knowledge of public issues. Modern information technologies and globalization are increasing the exposure of individuals to information. Goods advertising is...
Persistent link: https://www.econbiz.de/10003719635
Leaks are pervasive in politics. Hence, many committees that nominally operate under secrecy de facto operate under the threat that information might be passed on to outsiders. We study theoretically and experimentally how this possibility affects the behavior of committee members and the...
Persistent link: https://www.econbiz.de/10012295187
Persistent link: https://www.econbiz.de/10002115504
. Our results are consistent with the theory of strategic ambiguity of Bernheim and Whinston (1998) and can be rationalized …
Persistent link: https://www.econbiz.de/10003609846
rounds and the end-game effect is reversed. -- public goods experiment ; end-game effect ; free-riding …
Persistent link: https://www.econbiz.de/10009727615
We report results from a sender-receiver deception game, which tests whether an individual's decision to deceive is influenced by a concern for relative standing in a reference group. The sender ranks six possible outcomes, each specifying a payoff for him and the receiver. A message is then...
Persistent link: https://www.econbiz.de/10010404042
interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design …
Persistent link: https://www.econbiz.de/10002482525
This paper shows that the opportunity costs resulting from economic interdependence decrease the equilibrium probability of war in an incomplete information game. This result is strongly consistent with existing empirical analyses of the inverse trade-conflict relationship, but is the opposite...
Persistent link: https://www.econbiz.de/10003784394
reciprocity in teams. -- team production ; public good ; monitoring ; punishment ; experiment …
Persistent link: https://www.econbiz.de/10003314674
This paper presents a Schelling-type checkerboard model of residential segregation formulated as a spatial game. It shows that although every agent prefers to live in a mixed-race neighborhood, complete segregation is observed almost all of the time. A concept of tipping is rigorously defined,...
Persistent link: https://www.econbiz.de/10003898061