Showing 1 - 10 of 379
Does social identity affect how decision makers consume and digest new information? We study this question through a … cost. Making social identity observable significantly affects information acquisition and makes receivers more prone to … truthtelling. This change in information acquisition has implications for optimal decision making: it negatively affects receivers …
Persistent link: https://www.econbiz.de/10013341947
Film studios occasionally withhold movies from critics before their release. These cold openings provide a natural setting to apply laboratory-developed models of limited strategic thinking to the field. In a set of 1303 widely released movies, cold opening is correlated with a 10-30 percent...
Persistent link: https://www.econbiz.de/10013102319
In 2020, gamers spent more than $15 billion on loot boxes, lotteries of virtual items in video games. Loot boxes are contentious. Regulators argue they constitute gambling, while game producers maintain they complement gameplay. In a prototypical mobile puzzle game we show that gameplay...
Persistent link: https://www.econbiz.de/10014253961
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are...
Persistent link: https://www.econbiz.de/10010365853
anonymously in a group, could pay a cost either to obtain information about their counterparts, or to create a freely available … attain higher levels of cooperation compared to a treatment without monitoring. Information about past conduct alone thus …
Persistent link: https://www.econbiz.de/10011713674
Under what conditions can cooperation be sustained in a network of strangers? Here we study the role of institutions and uncover a new behavioral foundation for the use of monetary systems. In an experiment, anonymous subjects could cooperate or defect in bilateral random encounters. This...
Persistent link: https://www.econbiz.de/10011735015
Persistent link: https://www.econbiz.de/10010251366
Persistent link: https://www.econbiz.de/10010395521
Persistent link: https://www.econbiz.de/10011906940
Persistent link: https://www.econbiz.de/10011616434