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We study a hierarchical Bayesian persuasion game with a sender, a receiver, and several potential intermediaries, generalizing the framework of Kamenica and Gentzkow (2011). The sender must be persuasive through a hierarchy of intermediaries to reach the final receiver, whose action affects all...
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Collective knowledge is significantly affected by information about others’ viewpoints. However, under what conditions does the “wisdom of crowds” help versus harm knowledge of factual information? In this experiment, we present subjects with the task of answering 50 factual true or false...
Persistent link: https://www.econbiz.de/10013219475
Collective knowledge is significantly affected by information about others’ viewpoints. However, under what conditions does the “wisdom of crowds” help versus harm knowledge of factual information? In this experiment, we present subjects with the task of answering 50 factual true or false...
Persistent link: https://www.econbiz.de/10013302740
When interacting with others, individuals are often known to adjust their behavior based on the gender characteristics of the other person. Information about another person’s gender tends to influence both behavior towards that individual, as well as expectations about that individual’s...
Persistent link: https://www.econbiz.de/10013245255
Two contestants informed of their own type compete in a contest, and the organizer ex-ante designs a public anonymous disclosure policy to maximize contestants’ total effort. While a mildly-correlated posterior leads to an efficient equilibrium with maximized surplus, a...
Persistent link: https://www.econbiz.de/10014346685
We study the effects of request and threat on trust and trustworthy behavior in an investment game, both theoretically and experimentally. Consistent with the theoretical predictions, the experimental results show that the request mechanism is able to lift up the overall trust level, due to the...
Persistent link: https://www.econbiz.de/10013290115
We study the optimal information disclosure policy in a two-player all-pay auction contest with one-sided asymmetric information in both simultaneous move setup and sequential move setup. The designer can pre-commit to a signal device that generates a type-dependent distribution, signaling the...
Persistent link: https://www.econbiz.de/10013290116
We study the information design for effort maximization in a simultaneous two-player two-type all-pay auction contest environment, where players have private information about their own valuations. Full characterization of the optimal signal crucially rests on the notion of ridge distributions:...
Persistent link: https://www.econbiz.de/10013405580
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