Showing 1 - 10 of 42
Persistent link: https://www.econbiz.de/10003759597
Persistent link: https://www.econbiz.de/10002095156
Persistent link: https://www.econbiz.de/10011346139
I consider multi-round cheap talk communication environments in which, after a lie, the informed party has no memory of the content of the lie. I characterize the equilibria with forgetful liars in such settings assuming that a liar's expectation about his past lie coincides with the equilibrium...
Persistent link: https://www.econbiz.de/10012587426
Persistent link: https://www.econbiz.de/10012234572
In our laboratory experiment, subjects, in sequence, have to predict the value of a good. The second subject in the sequence makes his prediction twice: first ("first belief"), after he observes his predecessor's prediction; second ("posterior belief"), after he observes his private signal. We...
Persistent link: https://www.econbiz.de/10012621137
Persistent link: https://www.econbiz.de/10003996243
Persistent link: https://www.econbiz.de/10011347359
We present a novel experimental design to study social learning in the laboratory. Subjects have to predict the value of a good in a sequential order. We elicit each subject's belief twice: first ("prior belief"), after he observes his predecessors' action; second ("posterior belief"), after he...
Persistent link: https://www.econbiz.de/10011458967
Persistent link: https://www.econbiz.de/10003260807