, and deliberation times. In an experimental test, the predicted relations are readily observed in the data, but only when …

bargaining protocol. Subjects buy commodities that have different private values with assets that have common values and can be … subject to a private information problem. The asset plays the role of a medium of exchange, but this role can be affected by … its lack of "recognizability." We study a benchmark experiment where the OTC bargaining game takes place under complete …

We introduce a simple two-stage game of endogenous network formation and information sharing for reasoning about the … between targeted and collective information sharing. Agents value being connected to other agents and sharing and receiving … information. We consider multiple utility specifications. We show that the game always has an equilibrium in pure strategies and …

unique pure-strategy Nash equilibrium in rent-seeking games of complete information. In this paper, we generalize their … results to contests with incomplete informa tion. Two assumptions are imposed on the information structure. First, the players …

(ERA) is a first-price auction in which truthful bidding is encouraged by bonus payments. We test the robustness property …

spite extends to the seller. We experimentally test the model predictions by exogenously varying the presence of human …