We study experimentally whether and when a shared history of signals affects players' incentives to cooperate in infinitely repeated prisoner's dilemmas. We compare games where the player can privately observe imperfect signals about her partner's actions to games where signals are perfect and...

We study experimentally whether and when a shared history of signals affects players' incentives to cooperate in infinitely repeated prisoner's dilemmas. We compare games where the player can privately observe imperfect signals about her partner's actions to games where signals are perfect and...

Forecasting stock market movements is a challenging task from the practitioners' point of view. We explore how model selection via the least absolute shrinkage and selection operator (LASSO) approach can be better used to forecast stock closing prices using real-world datasets of daily stock...

Does social learning and subsequent private information processing differ depending on whether the observer shares the same group identity as the predecessor whose actions are observed? In this paper, we conduct a lab experiment to answer this question, in which subjects first observe a social...

We experimentally examine whether communicating private signals after each stage game affects cooperation in an infinitely repeated two-player prisoner’s dilemma where players can only observe imperfect and private signals about the partner’s actions. Based on evidence from two...