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We test experimentally an explanation of over and under confidence as motivated by (perhaps unconscious) strategic … others’ statements of confidence about how well they have scored on an IQ test. In two-player tournaments where the highest …
Persistent link: https://www.econbiz.de/10010877986
We study experimentally how the ability to communicate affects the frequency and effectiveness of flexible and inflexible contracts in a bilateral trade context where sellers can adjust trade quality after observing a post-contractual cost shock and a discretionary buyer transfer. In the absence...
Persistent link: https://www.econbiz.de/10010558687