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Interactive information design
Koessler, Frédéric; Laclau, Marie; Tomala, Tristan - 2018
We study the interaction between multiple information designers who try to influence the behavior of a set of agents. When the set of messages available to each designer is finite, such games always admit subgame perfect equilibria. When designers produce public information about independent...
Persistent link: https://www.econbiz.de/10012115785
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The Effect of Social Information in the Dictator Game with a Taking Option
O'Garra, Tanya - 2019
We experimentally study how redistribution choices are affected by positive and negative information regarding the behaviour of a previous participant in a dictator game with a taking option. We use the strategy method to identify behavioural ‘types', and thus distinguish ‘conformists' from...
Persistent link: https://www.econbiz.de/10012865728
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Granny Versus Game Theorist : Ambiguity in Experimental Games
Eichberger, Jürgen; Kelsey, David; Schipper, Burkhard C. - 2006
We report on an experiment in which subjects choose actions in strategic games with either strategic complements or substitutes against a granny, a game theorist or other subjects. The games are selected in order to test predictions on the comparative statics of equilibrium with respect to...
Persistent link: https://www.econbiz.de/10014055594
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Subjective expected utility in games
Di Tillio, Alfredo - In: Theoretical economics : TE ; an open access journal in … 3 (2008) 3, pp. 287-323
This paper extends Savage's subjective approach to probability and utility from decision problems under exogenous uncertainty to choice in strategic environments. Interactive uncertainty is modeled both explicitly, using hierarchies of preference relations, the analogue of beliefs hierarchies,...
Persistent link: https://www.econbiz.de/10011700273
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The Determinants of Response Time in a Repeated Constant-Sum Game : A Robust Bayesian Hierarchical Dual-Process Model
Spiliopoulos, Leonidas - 2018
The investigation of response time and behavior has a long tradition in cognitive psychology, particularly for non-strategic decision-making. Recently, experimental economists have also studied response time in strategic interactions, but within an emphasis on either one-shot games or repeated...
Persistent link: https://www.econbiz.de/10014128971
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Tailored Bayesian mechanisms : experimental evidence from two-stage voting games
Engelmann, Dirk; Grüner, Hans Peter - 2017
Optimal voting rules have to be tailored to the underlying distribution of preferences. This paper shows that the introduction of a stage at which agents may themselves choose voting rules according to which they decide in a second stage may increase the sum of individuals' payoffs if players...
Persistent link: https://www.econbiz.de/10011624232
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Sequential procurement with contractual and experimental learning
Gur, Yonatan; Macnamara, Gregory; Saban, Daniela - 2019
We study the design of sequential procurement strategies that integrate stochastic and strategic information. We consider a buyer who repeatedly demands a certain good and is unable to commit to long-term contracts. In each time period, the buyer makes a price offer to a seller who has private,...
Persistent link: https://www.econbiz.de/10012065183
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Persuading an audience : testing information design in the laboratory
Ziegler, Andreas - 2023
Governments, central banks, and private organizations frequently face the challenge of convincing their audience to take a specific action. One key choice is whether to send a public message that can coordinate the audience's actions or to rely instead on private messages that may differ across...
Persistent link: https://www.econbiz.de/10014335546
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Negotiation under the curse of knowledge
Pierrot, Thibaud - 2019
An individual is affected by the curse of knowledge when he fails to appreciate the viewpoint of a lesser … knowledge. This systematic cognitive bias alters many predictions derived from game theory which involve an asymmetry of … information between the players. We investigate in this article how the curse of knowledge modifies individual behaviours in …
Persistent link: https://www.econbiz.de/10012104838
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Negotiation under the curse of knowledge
Pierrot, Thibaud - 2019 - Revised November 2019
An individual is affected by the curse of knowledge when he fails to appreciate the viewpoint of a lesser … knowledge. This systematic cognitive bias alters many predictions derived from game theory which involve an asymmetry of … information between the players. We investigate in this article how the curse of knowledge modifies individual behaviours in …
Persistent link: https://www.econbiz.de/10012129125