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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
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...
Persistent link: https://www.econbiz.de/10014344060
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
Persistent link: https://www.econbiz.de/10012164782
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
Persistent link: https://www.econbiz.de/10015154257
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
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
Persistent link: https://www.econbiz.de/10015075589