Showing 1 - 10 of 1,428
disproportionately influential early agents who can cause herding on incorrect actions. Going beyond existing social-learning results, we … compute the probability of such mislearning exactly. This allows us to compare likelihoods of incorrect herding, and hence …
Persistent link: https://www.econbiz.de/10012308406
Deferred Acceptance (DA), a widely implemented algorithm, is meant to improve allocations: under classical preferences, it induces preference-concordant rankings. However, recent evidence shows that—in both real, large-stakes applications and experiments—participants frequently play...
Persistent link: https://www.econbiz.de/10012871373
Departures from "economic man" behavior in many games in which fairness is a salient characteristic are now well documented in the experimental economics literature. These data have inspired development of models of social preferences that assume agents have preferences for equity and efficiency...
Persistent link: https://www.econbiz.de/10014185562
Some questions in the study of public administration are difficult to answer on the basis of field research. A field of inquiry may be absent, as in the case of research that seeks to explore future outcomes of present policies, or of policies that are still being developed. Another example is...
Persistent link: https://www.econbiz.de/10014196615
We examine experimentally the impact of communication on trust and cooperation. Our design admits observation of promises, lies, and beliefs. The evidence is consistent with people striving to live up to others' expectations in order to avoid guilt, as can be modeled using psychological game...
Persistent link: https://www.econbiz.de/10014089179
The standard procedure in experimental economics maintains anonymity among participants. Yet, many field interactions are conducted with neither complete anonymity nor complete familiarity. How will people respond to varying degrees of anonymity and social distance? We consider the effect of one...
Persistent link: https://www.econbiz.de/10014034431
We explore the effects of social distance in experiments conducted over the Internet on three continents, in classroom laboratory sessions conducted in Israel and Spain, and in computer sessions pairing participants from different states-one in Texas and the other in California. Our design...
Persistent link: https://www.econbiz.de/10014116419
Participants in experimental games typically can only choose actions, without making comments about other participants' future actions. In sequential two-person games, we allow first movers to express a preference between responder choices. We find that responder behavior differs substantially...
Persistent link: https://www.econbiz.de/10014093709
We analyze the social and private learning at the symmetric equilibria of a queueing game with strategic experimentation. An infinite sequence of agents arrive at a server which processes them at an unknown rate. The number of agents served at each date is either: a geometric random variable in...
Persistent link: https://www.econbiz.de/10012022777
Persistent link: https://www.econbiz.de/10010473669