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-registered experiment with 1,260 subjects. In the first wave we vary the level of awareness of subjects' past dishonesty and explore the …
Persistent link: https://www.econbiz.de/10012494900
Why are people so often overconfident? We conduct an experiment to test the hypothesis that people become overconfident …
Persistent link: https://www.econbiz.de/10011626574
Economists are increasingly interested in the cognitive basis of pro-social behavior. Using response time data, several authors have claimed that "fairness is intuitive". In light of conflicting empirical evidence, we provide theoretical arguments showing under which circumstances an increase...
Persistent link: https://www.econbiz.de/10011616655
In this work, I extend the normal form cognitive hierarchy model (Camerer et al. (2004)) to a class of finite two-person extensive form games. I study two versions of such a model: the first is as faithful as possible to the normal form assumptions, while the second modifies them slightly. In...
Persistent link: https://www.econbiz.de/10013148058
Time is a crucial determinant of deception, since some misreporting opportunities come as a surprise and require an … experiment of self-serving deceptive behavior which combines two exogenously varied levels of reflection time with a cognition … process about the deception opportunity. We find that time pressure leads to more honesty compared to sufficient contemplation …
Persistent link: https://www.econbiz.de/10011723505
How is one's cognitive ability related to the way one responds to strategic uncertainty? We address this question by conducting a set of experiments in simple 2 x 2 dominance solvable coordination games. Our experiments involve two main treatments: one in which two human subjects interact, and...
Persistent link: https://www.econbiz.de/10013011816
of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment …
Persistent link: https://www.econbiz.de/10013033417
We study experimentally persuasion games in which a sender (e.g., a seller) with private information provides verifiable but potentially vague information (e.g., about the quality of a product) to a receiver (e.g., a buyer). Various theoretical solution concepts such as sequential equilibrium or...
Persistent link: https://www.econbiz.de/10011811807
-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in …
Persistent link: https://www.econbiz.de/10011789104
of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment …
Persistent link: https://www.econbiz.de/10010364492