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We analyze the offering, asking, and granting of help or other benefits as a three-stage game with bilateral private information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be painful: since unawareness of the need can no longer be...
Persistent link: https://www.econbiz.de/10013382050
We analyze the offering, asking, and granting of help or other benefits as a three-stage game with bilateral private information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be painful: since unawareness of the need can no longer be...
Persistent link: https://www.econbiz.de/10013388842
This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The …
Persistent link: https://www.econbiz.de/10003115141
People naturally respond quickly when they have a clear preference and slowly when they are close to indifference. The question is whether others exploit this tendency to infer private information. In two-stage bargaining experiments, we observe that the speed withwhich buyers reject sellers'...
Persistent link: https://www.econbiz.de/10012853869
We experimentally study behavior in a simple voting game where players have private information about their preferences. With random matching, subjects overwhelmingly follow the dominant strategy to exaggerate their preferences, which leads to inefficiency. We analyze an exogenous linking...
Persistent link: https://www.econbiz.de/10003894591
This paper experimentally investigates trust and trustworthiness in a repeated and sequential three-player trust game with probabilistic returns and information asymmetry. It adds to the existing literature by combining experimental features from recent work in the trust game. We use random...
Persistent link: https://www.econbiz.de/10012956127
This paper experimentally investigates trust and trustworthiness in a repeated and sequential three-player trust game with probabilistic returns and information asymmetry. It adds to the existing literature by combining experimental features from recent work in the trust game. The authors use...
Persistent link: https://www.econbiz.de/10011664904
role in determining the behavior of their counterparts. In our experiment, only the trustee is aware of the size of the …'s behavior and risk attitude are also elicited in the experiment. Our results show that the first movers' choices are functions …
Persistent link: https://www.econbiz.de/10014094946
laboratory experiment (N = 444) tests behavioral predictions derived from the model. In the experiment, nature randomly …
Persistent link: https://www.econbiz.de/10010484364
experiment is a sender-receiver game framed as an investment game. It features two players: firstly, an advisor with complete … alleged optimum reported by the advisor. Due to its continuous message space, this experiment allows observing more … experiment. …
Persistent link: https://www.econbiz.de/10012424302