Showing 1 - 8 of 8
persuasion. Our results reveal several insights. First, narratives are persuasive: We find that they systematically shift beliefs …
Persistent link: https://www.econbiz.de/10014529243
(i) a reduction of strategic uncertainty and (ii) an inducement of correlated beliefs. We find that issued statements of …
Persistent link: https://www.econbiz.de/10015046537
The psychology literature provides ample evidence that people have difficulties taking the perspective of less-informed others. This paper presents a controlled experiment showing that this "curse of knowledge" can cause comparative overconfidence and overentry into competition. In a broader...
Persistent link: https://www.econbiz.de/10010397879
We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag Hunt and Prisoner's Dilemma under anonymous random matching. We are interested in the role that precedents may play for equilibrium selection between these two stage game...
Persistent link: https://www.econbiz.de/10010478794
In this paper, we design an investment game which allows us to study the influence of selection when learning from others. Using the theoretical study of selection neglect in Jehiel (2018) as a guide, we test (i) for the presence of selection neglect in this investment context, and (ii) some...
Persistent link: https://www.econbiz.de/10011984926
discrimination, explicit and implicit belief-based discrimination. Both rely on statistically inaccurate beliefs but differ in how …
Persistent link: https://www.econbiz.de/10012264935
about how such beliefs about one's own abilities causally influence choices is, however, sparse. In this paper, we use a …
Persistent link: https://www.econbiz.de/10012290064
We study beliefs and choices in a repeated normal-form game. In addition to a baseline treatment with common knowledge … observe more strategic play, more best-responses to beliefs and more accurate beliefs over time. While feedback is the main … driving force of learning to play strategically and for forming beliefs that accurately predict the behavior of the opponent …
Persistent link: https://www.econbiz.de/10010280844