Showing 1 - 10 of 381
Social learning is the process of individuals learning by observing the actions of others. In the real world, however, although people learn by observing the actions of others, they also learn from advice. This paper introduces advice giving into a standard social-learning problem. The...
Persistent link: https://www.econbiz.de/10005770975
In this paper, we present the results of two experiments on social sampling. In both experiments, people are asked to make a risky decision in a situation where an idiosyncratic luck term a?ects their performance. Before they make their decision, people have the opportunity to sample others who...
Persistent link: https://www.econbiz.de/10005609455
A reading of the literature on cognitive hierarchies leaves the impression that a subject's type is predetermined before he comes into the lab so that the distribution of types is exogenous and immutable across games. In this paper we view the choice of a person's cognitive level as endogenous...
Persistent link: https://www.econbiz.de/10005467359
A theory of deliberation must provide a plausible account both of individuals? choices to speak or to listen and of how they reinterpret their own views in the aftermath of deliberation. We describe a game-theoretic laboratory experiment in which subjects with diverse interests and information...
Persistent link: https://www.econbiz.de/10005770973
This paper reports the first laboratory study of the swing voter's curse and provides insights on the larger theoretical and empirical literature on "pivotal voter" models. Our experiment controls for different information levels of voters, as well as teh size of the electorate, the distribution...
Persistent link: https://www.econbiz.de/10005770974
Existing behavioral studies of inter-temporal choice suggest that both human and animal choosers are impulsive. One possible explanation for this is that they discount future gains in a hyperbolic or quasi-hyperbolic fasion (Laibson, 1997; Frederick, Loewenstein and O'Donoghue, 2002). This...
Persistent link: https://www.econbiz.de/10005609456
Political actors in settings of bargaining and conflict often find themselves uncertain about the motives of their counterparts. This paper explores the psychology of motive assessment using a novel experimental design involving imperfect-information versions of the ultimatum and dictator...
Persistent link: https://www.econbiz.de/10005467360
Persistent link: https://www.econbiz.de/10005299546
Persistent link: https://www.econbiz.de/10005362199
Persistent link: https://www.econbiz.de/10005379000