Showing 151 - 160 of 586
We examine social and academic relationships among university students over several years. At the aggregate level, connections increase over time, but homophily on gender and ethnicity is relatively constant across time, university residences, and different network layers. At the individual...
Persistent link: https://www.econbiz.de/10014237394
A large body of experimental data demonstrates that people's beliefs influence their well-being beyond the indirect effect through the actions taken. I present a model that incorporates beliefs into an agent's utility function. The paper provides axiomatic foundations for a special class of...
Persistent link: https://www.econbiz.de/10014121721
We show that even when the information structure is independent of the state of nature, the value of the n- stage zero-sum game with incomplete information is not necessarily monotonic with respect to the length of the game. More precisely, we give an example of such an n-stage game in which V1V2
Persistent link: https://www.econbiz.de/10014060719
Over the past several decades, lab experiments have offered economists a rich source of evidence on incentivized behavior. In this article, we use detailed data on experimental papers to describe recent trends in the literature. We also discuss various experimentation platforms and new...
Persistent link: https://www.econbiz.de/10014077876
Psychological experiments demonstrate that people exhibit a taste for consistency. Individuals are inclined to interpret new evidence in ways that confirm their pre-existing beliefs. They also tend to change their beliefs to enhance the desirability of their past actions. I present a model that...
Persistent link: https://www.econbiz.de/10014120189
We provide an overview and synthesis of the literature on how social networks influence behaviors, with a focus on diffusion. We discuss some highlights from the empirical literature on the impact of networks on behaviors and diffusion. We also discuss some of the more prominent models of...
Persistent link: https://www.econbiz.de/10014025689
Persistent link: https://www.econbiz.de/10013336312
We examine friendships and study partnerships among university students over several years. At the aggregate level, connections increase over time, but homophily on gender and ethnicity is relatively constant across time, university residences, and different network layers. At the individual...
Persistent link: https://www.econbiz.de/10013477307
Many committees---juries, political task forces, etc.---spend time gathering costly information before reaching a decision. We report results from lab experiments focused on such information-collection processes. We consider decisions governed by individuals and groups and compare how voting...
Persistent link: https://www.econbiz.de/10013307001
Many committees—juries, political task forces, etc.—spend time gathering costly information before reaching a decision. We report results from lab experiments focused on such information-collection processes. We consider decisions governed by individuals and groups and compare how voting...
Persistent link: https://www.econbiz.de/10013311705