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We define a cautious version of extensive-form rationalizability for generalized extensive- form games with unawareness … set. We demonstrate the applicability of prudent rationalizability. In games of disclosure of verifiable information, we … show that prudent rationalizability yields unraveling under full awareness but unraveling might fail under unawareness. We …
Persistent link: https://www.econbiz.de/10012101418
We study experimentally persuasion games in which a sender (e.g., a seller) with private information provides verifiable but potentially vague information (e.g., about the quality of a product) to a receiver (e.g., a buyer). Various theoretical solution concepts such as sequential equilibrium or...
Persistent link: https://www.econbiz.de/10011936493
We study experimentally persuasion games in which a sender (e.g., a seller) with private information provides verifiable but potentially vague information (e.g., about the quality of a product) to a receiver (e.g., a buyer). Various theoretical solution concepts such as sequential equilibrium or...
Persistent link: https://www.econbiz.de/10011811807
Persistent link: https://www.econbiz.de/10012593900
Persistent link: https://www.econbiz.de/10012430288
induced by EFR strategies. PR applies also to generalized extensive-form games which model mutual unawareness of actions … by Milgrom and Roberts (1986); yet, we also show that under unawareness full unraveling might fail. …
Persistent link: https://www.econbiz.de/10008917375
induced by EFR strategies. PR applies also to generalized extensive-form games which model mutual unawareness of actions … by Milgrom and Roberts (1986); yet, we also show that under unawareness full unraveling might fail. …
Persistent link: https://www.econbiz.de/10009004199
In modern elections, ideologically motivated candidates with a wealth of information about individual voters and sophisticated campaign strategies are faced by voters who lack awareness of some political issues and are uncertain about the exact political positions of candidates. We study to what...
Persistent link: https://www.econbiz.de/10010826371
In modern elections, ideologically motivated candidates with a wealth of information about individual voters and sophisticated campaign strategies are faced by voters who lack awareness of some political issues and are uncertain about the exact political positions of candidates. We study to what...
Persistent link: https://www.econbiz.de/10010507618
In modern elections, ideologically motivated candidates with a wealth of information about individual voters and sophisticated campaign strategies are faced by voters who lack awareness of some political issues and are uncertain about the exact political positions of candidates. We study to what...
Persistent link: https://www.econbiz.de/10010255046