Showing 1 - 10 of 54
Persistent link: https://www.econbiz.de/10012030178
We study beliefs and choices in a repeated normal-form game. In addition to a baseline treatment with common knowledge … beliefs as well as for the accuracy of their beliefs (relative to the opponent’s true choice). In the baseline treatment we … observe more sophisticated play as well as more accurate beliefs and more best responses to beliefs over time. We isolate …
Persistent link: https://www.econbiz.de/10005822932
We investigate the link between leadership, beliefs and pro-social behavior. This link is interesting because field … influenced by leaders (CEOs, politicians) and beliefs about others’ behavior. Our framework is an experimental public goods … game with a leader. We find that leaders strongly shape their followers’ initial beliefs and contributions. In later …
Persistent link: https://www.econbiz.de/10011154542
identified a positive correlation between such second-order donor beliefs and generous behavior, as predicted by the guilt … trust game experiment. In the experiments we inform donors about the beliefs of their respective recipients, while eliciting … these beliefs so as to maximize recipient honesty. The correlation between generous behavior and donors’ second …
Persistent link: https://www.econbiz.de/10008876391
theory on moral emotions to belief-dependant models in economics. We find that - in addition to second-order beliefs and …
Persistent link: https://www.econbiz.de/10009144133
regression analysis yields a measure of the relative importance of priors and signals on subjects’ beliefs on contributions and … of beliefs. We argue that the sustainability of cooperation is related to this pattern of belief formation. …
Persistent link: https://www.econbiz.de/10009364531
, we test the relevance of their input variables (second-order beliefs and general dispositions for guilt/reciprocity). The … data confirm the predictions of belief-dependant models. Both second-order beliefs and a participant's sensitivity to guilt …/reciprocity are relevant for the decisions taken. Second-order beliefs appear to have an inverse U-shaped effect on the extent of kind …
Persistent link: https://www.econbiz.de/10008671387
and treat correlated information as independent. In consequence, people's beliefs are excessively sensitive to well …-connected information sources, implying a pattern of "overshooting" beliefs. Additionally, in an experimental asset market, correlation …
Persistent link: https://www.econbiz.de/10010706055
and treat correlated information as independent. In consequence, people’s beliefs are excessively sensitive to well …-connected information sources, implying a pattern of “overshooting” beliefs. Additionally, in an experimental asset market, correlation …
Persistent link: https://www.econbiz.de/10010718532
Economic Behavior), but allow a player to hold inaccurate beliefs about the behavior of her opponent. Each model involves two …
Persistent link: https://www.econbiz.de/10011071393