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's message. Such detection biases are analyzed theoretically in a bluffing game. The detection bias shrinks the equilibrium set …
Persistent link: https://www.econbiz.de/10013208524
The Verifiability Approach is a lie detection method based on the insight that truth-tellers provide precise details whereas liars sometimes remain vague to avoid being exposed. We provide a-game-theoretic analysis of a speaker who wants to be acquitted and an investigator who prefers to find...
Persistent link: https://www.econbiz.de/10012226057
The Verifiability Approach is a lie detection method based on the insight that truth-tellers provide precise details whereas liars sometimes remain vague to avoid being exposed. We provide a-game-theoretic analysis of a speaker who wants to be acquitted and an investigator who prefers to find...
Persistent link: https://www.econbiz.de/10012233991
I consider multi-round cheap talk communication environments in which, after a lie, the informed party has no memory of the content of the lie. I characterize the equilibria with forgetful liars in such settings assuming that a liar's expectation about his past lie coincides with the equilibrium...
Persistent link: https://www.econbiz.de/10013189070
I consider multi-round cheap talk communication environments in which, after a lie, the informed party has no memory of the content of the lie. I characterize the equilibria with forgetful liars in such settings assuming that a liar's expectation about his past lie coincides with the equilibrium...
Persistent link: https://www.econbiz.de/10012587426
Persistent link: https://www.econbiz.de/10008684773
This paper examines the interaction between a growth-oriented terrorist organization and an uninformed government based on a two-period signaling game. The terrorists, taking into account the government's counter-terrorism response to first period attacks, gain additional manpower from...
Persistent link: https://www.econbiz.de/10010427627
Suppose that the goals of a society can be summarized in a social choice rule, i.e., a mapping from relevant underlying parameters to final outcomes. Typically, the underlying parameters (e.g., individual preferences) are private information to the agents in society. The implementation problem...
Persistent link: https://www.econbiz.de/10010318948
This paper examines the occurrence and fragility of information cascades in laboratory experiments.One group of low informed subjects make predictions in sequence. In a matchedpairs design, another set of high informed subjects observe the decisions of the first group andmake predictions....
Persistent link: https://www.econbiz.de/10005866431
The common prior assumption justifies private beliefs as posterior probabilities when updatinga common prior based on individual information. Common priors are pervasive in most economicmodels of incomplete information and oligopoly models with asymmetrically informed firms. Wedispose of the...
Persistent link: https://www.econbiz.de/10005866639