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Preferences-dependent learning in the Centipede game
Gamba, Astrid; Regner, Tobias - 2015
learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the …
Persistent link: https://www.econbiz.de/10011348202
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Preferences-Dependent Learning in the Centipede Game
Gamba, Astrid - 2015
learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the …
Persistent link: https://www.econbiz.de/10013014085
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Social preferences under the shadow of the future
Kölle, Felix; Quercia, Simone; Tripodi, Egon - 2023
Social interactions predominantly take place under the shadow of the future. Previous literature explains cooperation in indefinitely repeated prisoner's dilemma as predominantly driven by self-interested strategic considerations. This paper provides a causal test of the importance of social...
Persistent link: https://www.econbiz.de/10014481063
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Social preferences under the shadow of the future
Kölle, Felix; Quercia, Simone; Tripodi, Egon - 2023
Social interactions predominantly take place under the shadow of the future. Previous literature explains cooperation in indefinitely repeated prisoner's dilemma as predominantly driven by self-interested strategic considerations. This paper provides a causal test of the importance of social...
Persistent link: https://www.econbiz.de/10014307664
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A note on salience of own preferences and the consensus effect
Dohmen, Thomas; Quercia, Simone; Willrodt, Jana - 2023
In this paper, we hypothesize that the strength of the consensus effect, i.e., the tendency for people to overweight the prevalence of their own values and preferences when forming beliefs about others' values and preferences, depends on the salience of own preferences. We manipulate salience by...
Persistent link: https://www.econbiz.de/10014233633
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The value of verbal feedback in allocation decisions
Schmidt, Robert J.; Schwieren, Christiane; Vollmann, Martin - 2020
study such preferences in a laboratory experiment by eliciting the willingness-to-pay to receive or to avoid verbal feedback …
Persistent link: https://www.econbiz.de/10012169494
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Belief formation in a signalling game without common prior : an experiment
Possajennikov, Alexandre - 2012
Using belief elicitation, the paper investigates the formation and the evolution of beliefs in a signalling game in which a common prior on Sender's type is not induced. Beliefs are elicited about the type of the Sender and about the strategies of the players. The experimental subjects often...
Persistent link: https://www.econbiz.de/10009535526
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Measuring socially appropriate social preferences
Carpenter, Jeffrey P.; Robbett, Andrea - 2022
We extend the literature structurally estimating social preferences by accounting for the desire to adhere to social norms. Our representative agent is strongly motivated by norms and failing to account for this causes us to overestimate how much agents care about helping those who are worse...
Persistent link: https://www.econbiz.de/10013412658
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Bandits in the lab
Hoelzemann, Johannes; Klein, Nicolas Alexandre - In: Quantitative economics : QE ; journal of the … 12 (2021) 3, pp. 1021-1051
We experimentally implement a dynamic public-good problem, where the public good in question is the dynamically evolving information about agents' common state of the world. Subjects' behavior is consistent with free-riding because of strategic concerns. We also find that subjects adopt more...
Persistent link: https://www.econbiz.de/10012598548
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Dynamic Learning in a Two-Person Experimental Game
Mason, Charles F.; Phillips, Owen R. - 2006
We analyze learning in a two-person simultaneous choice repeated game. Agents form beliefs about their rival … for each correct prediction. We analyze the data using the Kalman filtering technique, and find that learning is broadly … consistent with Bayesian updating. The predicted equilibrium based on this learning process is indistinguishable from observed …
Persistent link: https://www.econbiz.de/10014055691