to coordinate when they are given little in-formation, i.e. when subjects are uninformed about the payoff matrix and feed … information prior to playing the game changes subject behaviour and significantly improves performance, even though standard … adaptive learning rules do not take such information into account and optimal adaptive rules do not differ much between the two …

. On one hand, the pooling of information within bidding rings increases the precision of competing estimates. We … information is distributed. The experimental results are consistent with our theoretical predictions for different value and …

degrees. When the decision maker consults only a single expert, the expert withholds substantial information from the decision …

This paper examines the mechanics of intertemporal information provision in {\em dynastic governments}. It has been … branch, can ensure credible disclosure of information. The results here suggest a cautious approach to that view. Government … relinquishes power to its successor. When information about past policy choices comes exclusively from the reports of previous …