This paper calculates the Harsanyi-Selten solutions for a class of simple signaling games. This means that for each generic game belonging to this class one of its equilibrium points is selected according to the principles developed by John C. Harsanyi and Reinhard Selten (Harsanyi & Selten, A...

We investigate the relevance of conditional reasoning and belief formation for the occurrence of the winner's curse with the help of two experimental manipulations. First, we compare results from a very simple common-value auction game with results from a transformed version of this game that...