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Face-to-Face Lying : An Experimental Study in Sweden and Japan
Holm, Håkan J.; Kawagoe, Toshiji - 2008
This paper investigates face-to-face lying and beliefs associated with it. In experiments in Sweden and Japan, subjects answer questions about personal characteristics, play a face-to-face sender-receiver game and participate in an elicitation of lie-detection beliefs. The previous finding of...
Persistent link: https://www.econbiz.de/10014220436
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Sequential Contests with Incomplete Information : Theory and Experimental Evidence
Brookins, Philip; Matros, Alexander; Tzachrista, Foteini - 2022
In this paper, we investigate behavior in two-player sequential-move contests with complete and incomplete information about the value of the prize, theoretically and experimentally. First, we describe a Bayesian equilibrium of a sequential contest in which both players have private prize...
Persistent link: https://www.econbiz.de/10014237552
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How social preferences shape incentives in (experimental) markets for credence goods
Kerschbamer, Rudolf; Sutter, Matthias; Dulleck, Uwe - 2015 - This Version: February 2015
Credence goods markets suffer from inefficiencies caused by superior information of sellers about the surplus-maximizing quality. While standard theory predicts that equal mark-up prices solve the credence goods problem if customers can verify the quality received, experimental evidence...
Persistent link: https://www.econbiz.de/10010479932
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Inefficiency in private value bargaining with naive players : an experimental study
Possajennikov, Alexandre; Saran, Rene - 2018
The paper reports on an experiment on two-player double-auction bargaining with private values. We consider a setting … no equilibrium achieving full efficiency. In the experiment, we vary the proportion of naive traders by introducing … computerized players. We find that full efficiency is not achieved in the experiment with or without naive traders, and efficiency …
Persistent link: https://www.econbiz.de/10011852503
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Gender, information and the efficiency of household production decisions : an experiment in rural Togo
Apedo-Amah, Marie Christine; Djebbari, Habiba; Ziparo, … - 2020
-in-the-field experiment, male producers allocate too few inputs to their wife's plot, failing to maximize household aggregate profits. They do …
Persistent link: https://www.econbiz.de/10012168047
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Increasing consumer surplus through a novel product testing mechanism
Vollstädt, Ulrike; Imcke, Patrick; Brendel, Franziska; … - 2020
Our study proposes a novel mechanism to reduce information asymmetry about product quality between buyers and sellers. Product testing organizations like Consumer Reports (US) and Stiftung Warentest (Germany) seek to reduce this asymmetry by providing credible information. However, limited...
Persistent link: https://www.econbiz.de/10012405619
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The Effect of Irrelevant Information on Adverse Selection in a Signaling Game
Viceisza, Angelino - 2012
to recognize information as “irrelevant” is costly: Principals in our experiment are worse off by 3.75 percent. This …
Persistent link: https://www.econbiz.de/10013115007
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Lying About Delegation
Sutan, Angela - 2015
This paper reports results from a three-player variant of the ultimatum game in which the Proposer can delegate to a third party his decision regarding how to share his endowment with a Responder with a standard veto right. However, the Responder cannot verify whether the delegation is effective...
Persistent link: https://www.econbiz.de/10013029512
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Remain Silent and Ye Shall Suffer : Seller Exploitation of Reticent Buyers in an Experimental Reputation System
Gazzale, Robert S.; Khopkar, Tapan - 2008
By providing incentives for sellers to act in a trustworthy manner, reputation mechanisms in many online environments can mitigate moral-hazard problems when particular buyers and sellers interact infrequently. However, these mechanisms rely on buyers sharing their private information about...
Persistent link: https://www.econbiz.de/10014212262
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Deception Through Telling the Truth?! Experimental Evidence from Individuals and Teams
Sutter, Matthias - 2008
telling a lie or misrepresenting information. In this paper I use a cheap-talk sender-receiver experiment to show that telling …
Persistent link: https://www.econbiz.de/10014219101