Showing 71 - 80 of 154,243
We study experimentally the effectiveness of communication in common value committees exhibiting publicly known heterogeneous biases. We test models assuming respectively self-interested and strategic, joint payoff-maximizing and cognitively heterogeneous agents. These predict varying degrees of...
Persistent link: https://www.econbiz.de/10012995161
Liquid Democracy is a voting system touted as the golden medium between representative and direct democracy: decisions … voting, but even when experts are correctly identified, delegation must be used sparely. We ran two very different … information is ambiguous. In both experiments, delegation rates are high, and Liquid Democracy underperforms both universal voting …
Persistent link: https://www.econbiz.de/10014264131
We investigate the impact of various audit schemes on the future provision of public goods, when contributing less than the average of the group is sanctioned exogenously and the probability of an audit is unknown. We study how individuals update their beliefs about the probability of being...
Persistent link: https://www.econbiz.de/10010239265
Previous research has shown that opportunities for two-sided partner choice in finitely repeated social dilemma games can promote cooperation through a combination of sorting and opportunistic signaling, with late period defections by selfish players causing an end-game decline. How such...
Persistent link: https://www.econbiz.de/10010126752
We study how subjects in an experiment use different forms of public information about their opponents' past behavior …
Persistent link: https://www.econbiz.de/10011437784
We use experimental methods to investigate whether pledges of commitment can improve cooperation in endogenously-formed partnerships facing a social dilemma. Treatments vary in terms of the individual's: (1) opportunity to commit to their partner; (2) the cost of dissolving committed...
Persistent link: https://www.econbiz.de/10011453248
knowledge. We test this result in a laboratory experiment. The data cannot confirm the predicted welfare dominance of private …
Persistent link: https://www.econbiz.de/10012422494
The theory of voluntary disclosure of information posits that market forces lead senders to disclose information through a process of unravelling. This prediction requires that receivers hold correct beliefs and, in equilibrium, make adverse inferences about non-disclosed information. Previous...
Persistent link: https://www.econbiz.de/10012024603
strategic belief manipulation and a novel experiment in which we replicate Di Tella, et al.'s, experiment and also elicit the …
Persistent link: https://www.econbiz.de/10011967187
strategic belief manipulation and a novel experiment in which we replicate Di Tella, et al.'s, experiment and also elicit the …
Persistent link: https://www.econbiz.de/10011973976