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On information aggregation and interim efficiency in networks
Jiménez-Martínez, Antonio - In: Games 8 (2017) 1, pp. 1-14
This paper considers a population of agents that are engaged in a listening network. The agents wish to match their … neighbors in the network. I derive a closed expression for the (interim) social welfare loss that depends on the initial … information structure and on the possible pieces of information that can be gathered under the network. Then, I explore how …
Persistent link: https://www.econbiz.de/10011621465
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Information transmission and countervailing biases in organizations
Chiba, Saori - In: Games 15 (2024) 23, pp. 1-25
A decision maker (DM) must choose between two projects or decide on no project. The expected benefits of these projects are correlated. The DM seeks advice from an agent with private information about the projects' benefits. However, the agent's divergent preferences for projects and lack of...
Persistent link: https://www.econbiz.de/10014636248
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Information sharing in oligopoly : sharing groups and core-periphery architectures
Currarini, Sergio; Feri, Francesco - In: Games 12 (2021) 4, pp. 1-17
The trade-off between the costs and benefits of disclosing a firm's private information has been the object of a vast literature. The absence of incentives to share information on a common market demand prior to competition has been advocated to interpret information sharing as evidence of...
Persistent link: https://www.econbiz.de/10013171765
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Against all odds : tentative steps toward efficient information sharing in groups
Schlangenotto, Darius; Schnedler, Wendelin; Vadovič, … - In: Games 11 (2020) 3/31, pp. 1-24
When groups face difficult problems, the voices of experts may be lost in the noise of others' contributions. We present results from a "naturally noisy" setting, a large first-year undergraduate class, in which the expert's voice was "lost" to such a degree that bringing forward even more...
Persistent link: https://www.econbiz.de/10012432144
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The evolution of networks and local public good provision : a potential approach
Kinateder, Markus; Merlino, Luca Paolo - In: Games 12 (2021) 3, pp. 1-12
In this paper, we propose a game in which each player decides with whom to establish a costly connection and how much local public good is provided when benefits are shared among neighbors. We show that, when agents are homogeneous, Nash equilibrium networks are nested split graphs....
Persistent link: https://www.econbiz.de/10012591497
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Investigating peer and sorting effects within an adaptive multiplex network model
Lipari, Francesca; Stella, Massimo; Antonioni, Alberto - In: Games 10 (2019) 2/16, pp. 1-12
multiplex network who deal with coordination issues using social learning and payoff-driven dynamics. Agents form their …
Persistent link: https://www.econbiz.de/10012062102
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The signaling value of punishing norm-breakers and rewarding norm-followers
Adriani, Fabrizio; Sonderegger, Silvia - In: Games 9 (2018) 4, pp. 1-32
We formally explore the idea that punishment of norm-breakers may be a vehicle for the older generation to teach youngsters about social norms. We show that this signaling role provides sufficient incentives to sustain costly punishing behavior. People punish norm-breakers to pass information...
Persistent link: https://www.econbiz.de/10012227745
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The signaling value of punishing norm-breakers and rewarding norm-followers
Adriani, Fabrizio; Sonderegger, Silvia - In: Games 9 (2018) 4/102, pp. 1-32
We formally explore the idea that punishment of norm-breakers may be a vehicle for the older generation to teach youngsters about social norms. We show that this signaling role provides sufficient incentives to sustain costly punishing behavior. People punish norm-breakers to pass information...
Persistent link: https://www.econbiz.de/10012014968
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Countervailing conflicts of interest in delegation games
Chiba, Saori; Leong, Kaiwen - In: Games 14 (2023) 6, pp. 1-20
In this paper, we investigate optimal delegation mechanisms in the presence of countervailing conflicts of interest in the context of principal-agent problems. We introduce two dimensions of conflict of interest-pandering incentives related to the outside option and project biases. We compare...
Persistent link: https://www.econbiz.de/10014443303
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Strategic information suppression in borrowing and pre-lending cognition : theory and evidence
Chen, Zhongwen; Zhao, Xiaojian - In: Games 14 (2023) 3, pp. 1-24
This paper theoretically studies the interaction between an informed borrower and an uninformed lender facing possible default of a loan application. The lender is motivated to invest cognitive resources before making a lending decision. If the regulatory fine is weak, it is impossible for a...
Persistent link: https://www.econbiz.de/10014422638