Showing 1 - 10 of 292
The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by providing a detailed picture of short-run dynamics in a game of strategic experimentation where agents are located in a social network. We show that the delay in information...
Persistent link: https://www.econbiz.de/10011301792
In this explorative study, we adopt a knowledge-centred perspective on clusters and investigate whether clusters? internal structure explains clusters? external (knowledge) collaborative strategies. All in all, the main analytical issue underlying this paper is the following: do internal...
Persistent link: https://www.econbiz.de/10011400616
When workers send applications to vacancies they create a bipartite network. Coordination frictions arise if workers and firms only observe their own links. We show that those frictions and the wage mechanism are in general not independent. Only wage mechanisms that allow for ex post competition...
Persistent link: https://www.econbiz.de/10010329276
We present a model of opinion formation where individuals repeatedly engage in discussion and update their opinion in a social network similarly to the DeGroot model. Abstracting from the standard assumption that individuals always report their opinion truthfully, agents in our model may state...
Persistent link: https://www.econbiz.de/10010329305
We study private communication in social networks prior to a majority vote on two alternative policies. Some (or all) agents receive a private imperfect signal about which policy is correct. They can, but need not, recommend a policy to their neighbors in the social network prior to the vote. We...
Persistent link: https://www.econbiz.de/10011712607
We analyze a model of endogenous two-sided network formation where players are affected by uncertainty in their opponents' decisions. We model this uncertainty using the notion of equilibrium under ambiguity (Eichberger and Kelsey, 2014). Unlike the set of Nash equilibria, the set of equilibria...
Persistent link: https://www.econbiz.de/10012623185
Persistent link: https://www.econbiz.de/10014363688
I present a novel experimental design to measure lying and mistrust as continuous variables on an individual level. My experiment is a sender-receiver game framed as an investment game. It features two players: firstly, an advisor with complete information (i.e., the sender) who is incentivized...
Persistent link: https://www.econbiz.de/10012287818
In a principal-agent setup, we investigate agents disclosure of conflict of interests revealing deliberate or undeliberate kindness and its affect on principals reciprocal behavior. To this end, we firstly introduce a theoretical model refering to Hart and Moore (2008) which captures aspects of...
Persistent link: https://www.econbiz.de/10010396875
We consider a committee voting setup with two rounds of voting where committee members, who possess private information about the state of the world, have to make a binary decision. We investigate incentives for truthful revelation of their information in the first voting period. Coughlan (2000...
Persistent link: https://www.econbiz.de/10011301402