Showing 1 - 10 of 917
We study a sequential experimentation model with endogenous feedback. Agents choose between a safe and risky action, the latter generating stochastic rewards. When making this choice, each agent is selfishly motivated (myopic). However, agents can disclose their experiences to a public record,...
Persistent link: https://www.econbiz.de/10014544761
This paper provides a systematic analysis of identification in linear social interactions models. This is both a theoretical and an econometric exercise as the analysis is linked to a rigorously delineated model of interdependent decisions. We develop an incomplete information game that...
Persistent link: https://www.econbiz.de/10012459451
We analyze the offering, asking, and granting of help or other benefits as a three-stage game with bilateral private information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be painful: since unawareness of the need can no longer be...
Persistent link: https://www.econbiz.de/10013388842
Two potentially asymmetric players compete for a prize of common value, which is initially unknown, by exerting efforts. A designer has two instruments for contest design. First, she decides whether and how to disclose an informative signal of the prize value to players. Second, she sets the...
Persistent link: https://www.econbiz.de/10014247957
We explore a model of non-Bayesian information aggregation in networks. Agents non-cooperatively choose among Friedkin-Johnsen type aggregation rules to maximize payoffs. The DeGroot rule is chosen in equilibrium if and only if there is noiseless information transmission...leading to consensus....
Persistent link: https://www.econbiz.de/10013190991
to test the asymmetric learning hypothesis that sellers obtain over time private information that some of their repeat … customers have low risk, and that this learning enables sellers to make higher profits in transactions with these repeat …
Persistent link: https://www.econbiz.de/10012464896
learning in guiding selective attention and market dynamics. We confirm that attention focuses on options that quickly achieve …
Persistent link: https://www.econbiz.de/10012457666
We present evidence from a natural field experiment involving nearly 100,000 individuals on the effects of offering …
Persistent link: https://www.econbiz.de/10012461021
laboratory experiment to cleanly fix beliefs about the person's likelihood of being pivotal in reaching a donation threshold that …
Persistent link: https://www.econbiz.de/10014247963
Exploiting a natural experiment and an innovative survey design, we study the social and political legacies of armed …
Persistent link: https://www.econbiz.de/10013462722