experimental lab in three different informational settings, and study the role of information in individual decision making. Our … truthful preference revelation. In addition, we find that information has an important effect on truthful behavior and … stability. Nevertheless, regarding efficiency, the Gale-Shapley mechanism is less sensitive to the amount of information …

This paper studies the influence of information on entry choices in a competition with a controlled laboratory … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … productivity. Information on the opponent is a promising nudge to raise individuals' awareness towards the complexity of the …

of their private information. Hence, it is robust in the sense that it is not affected by errors in specifying these …

Decision theory and game theory are extended to allow for information processing errors. This extended theory is then … not be. Five axioms of information processing are shown to be especially important to speculation and consensus. They are … sufficient that each agent's information processing errors be nondeluded and (1) balanced so that the agents cannot agree to …

investigate this question in case that the individual probability functions are based on different information sets. Under … any overlaps between different persons' information sets. The solutions are derived from an axiomatic system that models … parameter-free, and that they incorporate each individual's information although the individuals need not communicate their …