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Coordination is central to social interactions. Theory and conventional lab experiments suggest that cheap talk/communication can enhance coordination under certain conditions. Two aspects that remain underexplored are (1) the interaction between the number of players (group size) and...
Persistent link: https://www.econbiz.de/10012840413
substitutability. We conduct the first field experiment directly manipulating individuals' beliefs about others' protest participation …
Persistent link: https://www.econbiz.de/10012964391
The literature on voluntary provision of public goods includes recent theoretical work on the formation of voluntary coalitions to provide public goods. Theory is ambiguous on the equilibrium coalition size and contribution rates. We examine the emergence of coalitions, their size, and how...
Persistent link: https://www.econbiz.de/10013153581
In SIR models, infection rates are typically exogenous, whereas individuals adjust their behavior in reality. City-level data across the globe suggest that mobility falls in response to fear, proxied by Google searches. Incorporating experimentally validated measures of social preferences at the...
Persistent link: https://www.econbiz.de/10012834459
Most economic analyses presume that there are limited differences in the prior beliefs of individuals, as assumption most often justified by the argument that sufficient common experiences and observations will eliminate disagreements. We investigate this claim using a simple model of Bayesian...
Persistent link: https://www.econbiz.de/10012760581
such an experiment in the laboratory, the cost to gather the data would be well over $350,000. The data reveal several …
Persistent link: https://www.econbiz.de/10012761706
We design a laboratory experiment to investigate bilateral link formation in a setting where payoffs are pair …
Persistent link: https://www.econbiz.de/10013011107
We study the role of commitment in communication and its interactions with rules, which determine whether or not information is verifiable. Our framework nests models of cheap talk, information disclosure, and Bayesian persuasion. Our model predicts that commitment has opposite effects on...
Persistent link: https://www.econbiz.de/10012860443
Deferred Acceptance (DA), a widely implemented algorithm, is meant to improve allocations: under classical preferences, it induces preference-concordant rankings. However, recent evidence shows that—in both real, large-stakes applications and experiments—participants frequently play...
Persistent link: https://www.econbiz.de/10012860839
This paper uses laboratory experiments to directly test a central prediction of disclosure theory: that strategic forces can lead those who possess private information to voluntarily provide it. In a simple two-person disclosure game, we find that senders disclose favorable information, but...
Persistent link: https://www.econbiz.de/10013024157