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In a public goods experiment, subjects can vary over a period of stochastic length two contribution levels: one is publicly observable (their cheap talk stated intention), while the other is not seen by the others (their secret intention). When the period suddenly stops, participants are...
Persistent link: https://www.econbiz.de/10010275033
In this paper we attempt to compare theoretically and experimentally three models of strategic information transmission … models differ in the information that the receiver possesses and the sender´s knowledge about these information. Lai, 2010 … & Wang, 2006, Wang et al., 2010): on the one hand experts usually give a too truthful advice, they overcommunicate. On the …
Persistent link: https://www.econbiz.de/10010369309
In a public goods experiment, subjects can vary over a period of stochasticlength two contribution levels: one is publicly observable (their cheap talkstated intention), while the other is not seen by the others (their secretintention). When the period suddenly stops, participants are restricted...
Persistent link: https://www.econbiz.de/10005866575
In this paper we attempt to compare theoretically and experimentally three models of strategic information transmission … models differ in the information that the receiver possesses and the sender's knowledge about these information. Lai, 2010 … & Wang, 2006, Wang et al., 2010): on the one hand experts usually give a too truthful advice, they overcommunicate. On the …
Persistent link: https://www.econbiz.de/10010884477
In a public goods experiment, subjects can vary over a period of stochastic length two contribution levels: one is publicly observable (their cheap talk stated intention), while the other is not seen by the others (their secret intention). When the period suddenly stops, participants are...
Persistent link: https://www.econbiz.de/10005090483
We study the nature of dominance violations in three minimalist dominance-solvable guessing games, featuring two or three players choosing among two or three strategies. We examine how subjects' reported reasoning translates into their choices and beliefs about others' choices, and how reasoning...
Persistent link: https://www.econbiz.de/10010276436
participants. In the other, it is imposed by randomly matching decisions with decision nodes in the information set. The results …
Persistent link: https://www.econbiz.de/10010277338
One central issue tackled in epistemic game theory is whether for a general class of strategic games the solution generated by iterated application of a choice rule gives exactly the strategy profiles that might be realized by players who follow this choice rule and commonly believe they follow...
Persistent link: https://www.econbiz.de/10010500159
The issue of the order-dependence of iterative deletion processes is well-known in the game theory community, and meanwhile conditions on the dominance concept underlying these processes have been detected which ensure order-independence (see e.g. the criteria of Gilboa et al., 1990 and Apt,...
Persistent link: https://www.econbiz.de/10010281613
We report experimental and theoretical results on the minority of three-game where three players have to choose one of two alternatives independently and the most rewarding alternative is the one chosen by a single player. This coordination game has many asymmetric equilibria in pure strategies...
Persistent link: https://www.econbiz.de/10010281623