Showing 1 - 10 of 30
Language is an imperfect and uneven means of communicating information about a complex and nuanced world. We run an experimental investigation of a setting in which the messages available to the sender imperfectly describe the state of the world, however the sender can improve communication, at...
Persistent link: https://www.econbiz.de/10008548823
Language is an imperfect and coarse means of communicating information about a complex and nuanced world. We run an experimental investigation of a setting in which the messages available to the sender imperfectly describe the state of the world, however the sender can improve communication, at...
Persistent link: https://www.econbiz.de/10009018263
We identify an otherwise efficient market in which racial stereotypes affect market outcomes. In this market, there are well-defined prices, well-defined outcomes, a finite time horizon, and readily available information. The market appears to efficiently process the available information, with...
Persistent link: https://www.econbiz.de/10009372510
We identify an otherwise efficient market in which racial biases affect market outcomes. In particular, we examine data on point spreads for NBA games over the 15 seasons from 1993-94 to 2007-08. We find evidence that a more black team tends to face a larger point spread and that these teams...
Persistent link: https://www.econbiz.de/10009422006
We examine whether the predictions of minimax in zero-sum games holds under highly incentivized conditions with highly informed informed decision makers. We examine data from 3455 National Football League (NFL) games from the 2000 season through the 2012 season. We categorize every relevant play...
Persistent link: https://www.econbiz.de/10011113826
experiments, we find that the preference for increasing payments is increasing in the size of the payments. Also consistent with …
Persistent link: https://www.econbiz.de/10011275126
This paper presents evidence which challenges the view that techniques which are designed to measure the social preferences of subjects can always be accomplished in a nonintrusive manner. We find evidence that such measurements can influence the preferences which they are designed to measure....
Persistent link: https://www.econbiz.de/10005078658
cognitive load. In cognitive load experiments, subjects are directed to perform a task which occupies cognitive resources, in …
Persistent link: https://www.econbiz.de/10009397163
Although there is an increasing interest in examining the relationship between cognitive ability and economic behavior, less is known about the relationship between cognitive ability and social preferences. We investigate the relationship between strongly incentivized measures of intelligence...
Persistent link: https://www.econbiz.de/10009360254
We test the assumption that preferences are unchanged throughout a strategic game in the absence of feedback. To do so, we study the relationship between the strategic nature of a game and players' identification in social groups. We present evidence that the strategic nature of the game affects...
Persistent link: https://www.econbiz.de/10005835981