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An experimental study on the effects of communication, credibility, and clustering in network games
Charness, Gary; Feri, Francesco; Meléndez-Jiménez, … - 2019
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … outcome in our game, but restricted communication (where subjects can only indicate their intended action) is almost entirely …
Persistent link: https://www.econbiz.de/10012006270
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An experimental study on the effects of communication, credibility, and clustering in network games
Charness, Gary; Feri, Francesco; Meléndez-Jiménez, … - 2019
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … outcome in our game, but restricted communication (where subjects can only indicate their intended action) is almost entirely …
Persistent link: https://www.econbiz.de/10012024395
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Ignorance is bliss: A game of regret
Cerrone, Claudia; Feri, Francesco; Neary, Philip R. - 2019
Existing models of regret aversion assume that individuals can make an ex-post comparison between their choice and a foregone alternative. Yet in many situations such a comparison can be made only if someone else chose the alternative option. We develop a model where regret-averse agents must...
Persistent link: https://www.econbiz.de/10012110582
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Information, social mobility and the demand for redistribution
Feri, Francesco - 2008
Persistent link: https://www.econbiz.de/10003675469
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Information, social mobility and the demand for redistribution
Feri, Francesco - 2008
This paper studies how heterogeneity in income dynamics affects the POUM hypothesis (the idea that poor people do not support high level of redistribution because they hope to be rich in the future). We consider a setting where individuals evaluate their expected future income using both their...
Persistent link: https://www.econbiz.de/10009731794
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On the microstructure of price determination and information aggregation with sequential and asymmetric information arrival in an experimental asset market
Barner, Martin; Feri, Francesco; Plott, Charles - In: Annals of finance 1 (2005) 1, pp. 73-107
Persistent link: https://www.econbiz.de/10002615421
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Ignorance is bliss : a game of regret
Cerrone, Claudia; Feri, Francesco; Neary, Philip R. - 2019
Existing models of regret aversion assume that individuals can make an ex-post comparison between their choice and a foregone alternative. Yet in many situations such a comparison can be made only if someone else chose the alternative option. We develop a model where regret-averse agents must...
Persistent link: https://www.econbiz.de/10012029141
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On the Microstructure of Price Determination and Information Aggregation with Sequential and Asymmetric Information Arrival in an Experimental Asset Market
Barner, Martin; Feri, Francesco; Plott, Charles - California Institute of Technology, Division of the … - 2004
Experiments were conducted on an asset with the structure of an option. The information of any individual is limited …, as if only the direction of movement of the option value known for a single period without information of the value from … when movement was initiated. However, if all information of all insiders were pooled, the value of the option would be …
Persistent link: https://www.econbiz.de/10005487359
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On the microstructure of price determination and information aggregation with sequential and asymmetric information arrival in an experimental asset market
Barner, Martin; Feri, Francesco; Plott, Charles R. - In: Annals of Finance 1 (2005) 1, pp. 73-107
Experiments were conducted on an asset with the structure of an option. The information of any individual is limited …, as if only the direction of movement of the option value known for a single period without information of the value from … when movement was initiated. However, if all information of all insiders were pooled, the value of the option would be …
Persistent link: https://www.econbiz.de/10005701376
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An experimental study on the effects of communication, credibility, and clustering in network games
Charness, Gary; Feri, Francesco; Meléndez-Jiménez, … - 2019
networks, such coordination may be very difficult to achieve and may depend on the communication technology and the network … structure. We examine how pre-play communication and clustering within networks affect coordination in a challenging … outcome in our game, but restricted communication (where subjects can only indicate their intended action) is almost entirely …
Persistent link: https://www.econbiz.de/10012052765