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Cross-Game Learning and Cognitive Ability in Auctions

Giebe, Thomas; Kocher, Martin; Schudy, Simeon; … - 2021

Overbidding in second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we use...

Persistent link: https://www.econbiz.de/10013314693

Simultaneous Search and Network Efficiency

Gautier, Pieter A.; Holzner, Christian - 2011

When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other … workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects … network clearing). We show that those frictions and the wage mechanism are in general not independent. Equilibria that exhibit …

Persistent link: https://www.econbiz.de/10010277402

On Self-Serving Strategic Beliefs

Ging-Jehli, Nadja R. - 2019

We experimentally study settings where an individual may have an incentive to adopt negative beliefs about another’s intentions in order to justify egoistic behavior. Our first study uses a game in which a player can take money from an opponent in order to prevent the opponent from...

Persistent link: https://www.econbiz.de/10012891985

Communication and Social Preferences : An Experimental Analysis

Cabrales, Antonio; Feri, Francesco; Gottardi, Piero; … - 2021

This paper reports on experiments regarding cheap talk games where senders attempt deception when their interests are not in conflict with those of the receiver. The amount of miscommunication is higher than in previous experimental findings on cheap talk games in situations where senders’ and...

Persistent link: https://www.econbiz.de/10013250032

"A Game-Theoretic Analysis of Childhoof Vaccination Behavior : Nash Versus Kant"

De Donder, Philippe; Llavador, Humberto; Penczynski, Stefan - 2022

Whether or not to vaccinate one’s child is a decision that a parent may approach in several ways. The vaccination game, in which parents must choose whether to vaccinate a child against a disease, is one with positive externalities (herd immunity). In some societies, not vaccinating is an...

Persistent link: https://www.econbiz.de/10013308109

Risk-Sharing and Contagion in Networks

Cabrales, Antonio; Gottardi, Piero; Vega-Redondo, Fernando - 2014

We investigate the trade-off between the risk-sharing gains enjoyed by more interconnected firms and the costs resulting from an increased risk exposure. We find that when the shock distribution displays “fat” tails, extreme segmentation into small components is optimal, while minimal...

Persistent link: https://www.econbiz.de/10010352416

Contagion in Stable Networks

Bougheas, Spiros - 2017

We study the formation of networks in environments where agents derive benefits from other agents directly linked to … networks with undirected links (e.g. epidemics, underground resistance organizations, trade networks) where we find that stable … networks are comprised of completely connected disjoint subnetworks. Then, we consider networks with directed links and we find …

Persistent link: https://www.econbiz.de/10011744988

Efficient coordination in weakest-link games

Riedl, Arno; Rohde, Ingrid M. T.; Strobel, Martin - 2011

Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people will be able to coordinate on efficient outcomes, provided they have sufficient...

Persistent link: https://www.econbiz.de/10010280645

Superstar Economists: Coauthorship Networks and Research Output

Hsieh, Chih-Sheng; König, Michael D.; Liu, Xiaodong; … - 2018

We study the impact of research collaborations in coauthorship networks on research output and how optimal funding can … maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors … possibly overlapping projects. We bring our model to the data by analyzing the coauthorship network of economists registered in …

Persistent link: https://www.econbiz.de/10011932059

Superstar Economists : Coauthorship Networks and Research Output

Hsieh, Chih-sheng - 2019

Persistent link: https://www.econbiz.de/10012892043