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 …

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 …

risky arm to dominate the safe one. When payoffs are public information, the ensuing free-rider problem is so severe that … their actions through mediated communication. When payoffs are private information and the success probability on the risky …

Many committees - juries, political task forces, etc. - spend time gathering costly information before reaching a … decision. We report results from lab experiments focused on such information-collection processes. We consider decisions … governed by individuals and groups and compare how voting rules affect outcomes. We also contrast static information collection …

We use a range of dictator game experiments to investigate whether people avoid information altruistically. After … not hesitate to act altruistically. We find that although a few altruistic people avoid information about their own costs …

to garble the information on which evaluators can base their assessments. Evaluators see through this behavior, making …