they model the choice of different alternatives through high or low cognitive costs and feedback information provided to …

We use a laboratory experiment to study how mutual payoff information affects play in strategic settings. Subjects play … the Prisoner's Dilemma or Stag Hunt game against randomly re-matched opponents under two information treatments. In our … partial-information treatment subjects are shown only their own payoffs, while in our full-information treatment they are …

In an information cascade experiment participants are confronted with artificial predecessors predicting in line with … coinciding predictions of predecessors are observed, regardless of whether additional information is revealed by these …

We study how information affects equilibria and welfare in games. For an agent, more precise information about an … obtain either a non-increasing mean or a non-decreasing-mean spread of actions whenever information precision increases for … environments. In persuasion games, we derive sufficient conditions that lead to extremal disclosure of information. In …

payoffs are public information, the ensuing free-rider problem is so severe that the equilibrium number of experiments is at … most one plus the number of experiments that a single agent would perform. When payoffs are private information and players …