Showing 1 - 10 of 1,185
which information is provided to subjects we show that reduced availability of information is sufficient to shift the … where reduced availability of information is combined with an attempt to elicit preferences for reciprocity, through the … availability of information may hamper backward induction or induce myopic behavior, depending on the strategic environment. …
Persistent link: https://www.econbiz.de/10010291805
workers. These attempts are successful only when junior workers have incomplete information about how their effort impacts on … the earnings of senior players, but not when they have complete information. Evidence from an incentive …
Persistent link: https://www.econbiz.de/10009569598
We enrich the choice task of responders in ultimatum games by allowing them to independently decide whether to collect what is offered to them and whether to destroy what the proposer demanded. Such a multidimensional response format intends to cast further light on the motives guiding responder...
Persistent link: https://www.econbiz.de/10010395127
games where players are subjects drawn at random from a population. Therefore an incomplete-information methodology is … of Bayesian equilibria changes as the upper-bound on guilt sensitivity varies, and we compare this with the complete-information … case. Our analysis illustrates the incomplete-information approach to psychological games and can help organize …
Persistent link: https://www.econbiz.de/10013079361
of preferences may not be satisfied. We experimentally examine several 2x2 games and test whether revealing players …
Persistent link: https://www.econbiz.de/10011644480
Principal-agent models in which the agent has access to private information before a contract is signed are a … explained by social preferences. Investigating settings with both exogenous and endogenous information structures, we find that …
Persistent link: https://www.econbiz.de/10014162484
In this paper, we investigate behavior in two-player sequential-move contests with complete and incomplete information … contest in which both players have private prize values. Then, we test our predictions in the experimental laboratory. We … analyze three settings: symmetric prize valuations with complete information, asymmetric prize valuations with complete …
Persistent link: https://www.econbiz.de/10014237552
also test behavior in a game without uncertainty as a benchmark case. The game with uncertainty is inspired by the "global …
Persistent link: https://www.econbiz.de/10014119617
which information is provided to subjects we show that reduced availability of information is sufficient to shift the … where reduced availability of information is combined with an attempt to elicit preferences for reciprocity, through the … availability of information may hamper backward induction or induce myopic behavior, depending on the strategic environment …
Persistent link: https://www.econbiz.de/10009621831
bargaining game between the two buyers. We fully characterize an optimal mechanism under general conditions. Surprisingly, in … this optimal mechanism, the seller never allocates the object to the regular buyer regardless of his bargaining power in … the resale market. The seller sells only to the publicly known buyer, and reveals no additional information to the resale …
Persistent link: https://www.econbiz.de/10012989366