Similar Search Results

An Externality-Robust Auction: Theory and Experimental Evidence

Bartling, Björn; Netzer, Nick - 2014

An auction is externality-robust if unilateral deviations from equilibrium leave the other bidders’ payoffs unaffected. The equilibrium and its outcome will then persist if certain types of externalities arise between bidders. One example are externalities due to spiteful preferences, which...

Persistent link: https://www.econbiz.de/10010352386

The Quantitative View of Myerson Regularity

Schweizer, Nikolaus; Szech, Nora - 2016

In mechanism design, Myerson regularity is often too weak for a quantitative analysis of performance. For instance, ratios between revenue and welfare, or sales probabilities may vanish at the boundary of Myerson regularity. This paper therefore explores the quantitative version of Myerson...

Persistent link: https://www.econbiz.de/10011431257

Mechanism Design with Narratives

Lang, Matthias - 2020

Individuals use narratives as rationales or justifications to make their claims more convincing. I provide a general framework for partial verifiability based on narratives. Narratives give many reasons and arguments. The receiver derives the message's meaning by aggregating these reasons; her...

Persistent link: https://www.econbiz.de/10012824823

Mechanism Design with Narratives

Lang, Matthias - 2020

Persistent link: https://www.econbiz.de/10012269572

Agency and communication in IMF conditional lending: theory and empirical evidence

Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009

We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...

Persistent link: https://www.econbiz.de/10010264578

Long persuasion games

Forges, Françoise; Koessler, Frédéric - 2006

This paper characterizes geometrically the set of all Nash equilibrium payoffs achievable with unmediated communication …

Persistent link: https://www.econbiz.de/10010273734

Deceptive Communication

Alempaki, Despoina; Burdea, Valeria; Read, Daniel - 2021

In cases of conflict of interest, people can lie directly about payoff relevant private information, or they can evade the truth without lying directly. We analyse this situation theoretically and test the key predictions in an experimental sender-receiver setting. We find senders prefer to...

Persistent link: https://www.econbiz.de/10013212265

Behavioral Aspects of Communication in Organizations

Casoria, Fortuna - 2020

This paper reviews experimental studies that investigate the effects of communication on be-havior in organizational … research that tests whether com-munication can help to overcome coordination failure within organizations, and (b) studies that … analyze the role of communication in alleviating problems arising from information asym-metries at the workplace. The evidence …

Persistent link: https://www.econbiz.de/10012839711

Entry in First-Price Auctions with Signaling

Bos, Olivier; Truyts, Tom - 2022

We study the optimal entry fee in a symmetric private value first-price auction with signaling, in which the participation decisions and the auction outcome are used by an outside observer to infer the bidders' types. We show that this auction has a unique fully separating equilibrium bidding...

Persistent link: https://www.econbiz.de/10013427686

Searching the eBay marketplace

Sailer, Katharina - 2006

This paper proposes a framework for demand estimation with data on bids, bidders' identities, and auction covariates from a sequence of eBay auctions. First the aspect of bidding in a marketplace environment is developed. Form the simple dynamic auction model with IPV and private bidding costs...

Persistent link: https://www.econbiz.de/10010264018