Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10009237436
The trust game, a simple two-person economic exchange, has been extensively used as experimental measures for trust and trustworthiness of individuals. Here, we develop deep neural network-based artificial intelligence (AI) agents to participate a series of experiments based upon the trust game....
Persistent link: https://www.econbiz.de/10013289019
Persistent link: https://www.econbiz.de/10014444106
This paper investigates the capacity investment decision of a supplier who solicits private forecast information from a manufacturer. To ensure abundant supply, the manufacturer has an incentive to inflate her forecast in a costless, non-binding, and non-verifiable type of communication known as...
Persistent link: https://www.econbiz.de/10014046211
Information is crucial to the supply chain because it provides the foundation for managerial decisions. Inventory decisions often depend on private forecast shared by retailers. Facing uncertain demand, suppliers tend to rely on nonverifiable retailers’ reports known as “cheap talk”....
Persistent link: https://www.econbiz.de/10014243014