Similar Search Results

Sunspots in global games : theory and experiment

Heinemann, Frank; Moradi, Homayoon - 2018

We solve and test experimentally a global-games model of speculative attacks where agents can choose whether to read, at a cost, a payoff irrelevant (sunspot) announcement. Assuming that subjects exogenously believe some others to follow sunspots, we provide conditions for a unique equilibrium...

Persistent link: https://www.econbiz.de/10011976078

Limited higher order beliefs and the welfare effects of public information

Cornand, Camille; Heinemann, Frank - In: Journal of economic studies 42 (2015) 6, pp. 1005-1028

Persistent link: https://www.econbiz.de/10011393060

Exchange-rate attack as a coordination game : theory and experimental evidence

Heinemann, Frank - In: Oxford review of economic policy 18 (2002) 4, pp. 462-478

Persistent link: https://www.econbiz.de/10001733272

Speculative attacks and financial architecture : experimental analysis of coordination games with public and private information

Heinemann, Frank; Nagel, Rosemarie; Ockenfels, Peter - 2002

Persistent link: https://www.econbiz.de/10001682576

The theory of global games on test : experimental analysis of coordination games with public and private information

Heinemann, Frank; Nagel, Rosemarie; Ockenfels, Peter - In: Econometrica : journal of the Econometric Society, an … 72 (2004) 5, pp. 1583-1599

Persistent link: https://www.econbiz.de/10002197621

Measuring strategic uncertainty in coordination games

Heinemann, Frank (contributor); Nagel, Rosemarie (contributor) - 2004

Persistent link: https://www.econbiz.de/10002576121

Measuring strategic uncertainty in coordination games

Heinemann, Frank (contributor); Nagel, Rosemarie (contributor) - 2004

subjective beliefs of players. In a laboratory experiment we measure subjects ̕certainty equivalents for three coordination games … and one lottery. Behavior in coordination games is related to risk aversion, experience seeking, and age. From the … distribution of certainty equivalents we estimate probabilities for successful coordination in a wide range of games. For many …

Persistent link: https://www.econbiz.de/10002521686

Speculative attacks with multiple sources of public information

Cornand, Camille; Heinemann, Frank - In: The Scandinavian journal of economics 111 (2009) 1, pp. 73-102

Persistent link: https://www.econbiz.de/10003816082

Understanding financial crises : the contribution of experimental economics

Heinemann, Frank - In: Annals of economics and statistics 107/108 (2012), pp. 7-29

Persistent link: https://www.econbiz.de/10009633383

Measuring strategic uncertainty in coordination games

Heinemann, Frank; Nagel, Rosemarie; Ockenfels, Peter - In: The review of economic studies 76 (2009) 1, pp. 181-221

Persistent link: https://www.econbiz.de/10003805714