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by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining …
Persistent link: https://www.econbiz.de/10014380287
subjective beliefs of players. In a laboratory experiment, we measure subjects' certainty equivalents for three coordination …
Persistent link: https://www.econbiz.de/10013318801
subjective beliefs of players. In a laboratory experiment we measure subjects' certainty equivalents for three coordination games …
Persistent link: https://www.econbiz.de/10014061293
subjective beliefs of players. In a laboratory experiment we measure subjects' certainty equivalents for three coordination games …
Persistent link: https://www.econbiz.de/10010361993
In an information cascade experiment participants are confronted with artificial predecessors predicting in line with …
Persistent link: https://www.econbiz.de/10010343945
We explored experimentally how threshold uncertainty affects coordination success in a threshold public goods game. Whereas all groups succeeded in providing the public good when the exact value of the threshold was known, uncertainty was generally detrimental for the public good provision. The...
Persistent link: https://www.econbiz.de/10013118207
We explored experimentally how threshold uncertainty affects coordination success in a threshold public goods game. Whereas all groups succeeded in providing the public good when the exact value of the threshold was known, uncertainty was generally detrimental for the public good provision. The...
Persistent link: https://www.econbiz.de/10013112586
I investigate the existence of epistemic models for complete information games that satisfy the following properties: (R) players do not rule out their opponents use rational ex ante strategies for deriving their choices, (K) they do not rule out, ex ante, that they can come to know the action...
Persistent link: https://www.econbiz.de/10012707988
We consider a nonatomic game whose players have ambiguities over external factors. On top of a player $i$'s own action $a$ and the joint distribution $\delta$ of other players' identities and actions, also influencing the player's return $r$ is a state of the world $\omega$. Knowledge about the...
Persistent link: https://www.econbiz.de/10013293407
We provide an evolutionary foundation to evidence that in some situations humans maintain either optimistic or pessimistic attitudes towards uncertainty and are ignorant to relevant aspects of the environment. Players in strategic games face Knightian uncertainty about opponents' actions and...
Persistent link: https://www.econbiz.de/10012101422