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We study centipede games played by an infinite sequence of players. Following the literature on time-inconsistent preferences, we distinguish two types of decision makers, naive and sophisticated, and the corresponding solution concepts, naïve ϵ-equilibrium and sophisticated ϵ-equilibrium. We...
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supplementary receipt of the private device significantly increased the wife's savings in couples with a low level of spousal trust … more effective hiding of the wife's savings amounts, facilitated through the private saving device. From a policy …
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experiment, these spouses randomly received either only a joint savings device (control) or, additionally, a device for … individual usage (treatment). Combining data from both experiments, we examine how the impact of the strategically usable savings … individual device reported significantly higher savings only when spouses' decisions in the trust game were aligned. When …
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