Showing 1 - 10 of 443
This paper shows that political attitudes are linked to cooperative behavior in an incentivized experiment with a large sample randomly drawn from the Danish population. However, this relationship depends on the way the experiment is framed. In the standard game in which subjects give to a...
Persistent link: https://www.econbiz.de/10013208784
This paper provides three measures of the uncertainty associated to an impulse response path: (1) conditional confidence bands which isolate the uncertainty of individual response coefficients given the temporal path experienced up to that point; (2) response percentile bounds} which provide...
Persistent link: https://www.econbiz.de/10010274338
Neuroeconomics focuses on brain imaging studies mapping neural responses to choice behavior. Economic theory is concerned with choice behavior but it is silent on neural activities. We present a game theoretic model in which players are endowed with an additional structure - a simple ``nervous...
Persistent link: https://www.econbiz.de/10010276635
, the paper uncovers the existence of two new equilibrium configurations, called 'one-sided' and 'probabilistic' policy … differentiation, respectively. Our analysis shows how these equilibrium configurations depend on the relative interests in power (resp … laboratory experiment, as we observe convergence to the Nash equilibrium values at the aggregate as well as at the individual …
Persistent link: https://www.econbiz.de/10010368158
Recent experimental studies find excessive truth-telling in strategic information transmission games with conflictive preferences. In this paper, we show that this phenomenon is more pronounced in sender-receiver games where a truthful regulator randomly intervenes. We also establish that...
Persistent link: https://www.econbiz.de/10010500188
, the paper uncovers the existence of two new equilibrium configurations, called 'one-sided' and 'probabilistic' policy … differentiation, respectively. Our analysis shows how these equilibrium configurations depend on the relative interests in power (resp … series of laboratory experiments, as we observe convergence to the Nash equilibrium values at the aggregate as well as the …
Persistent link: https://www.econbiz.de/10010280762
Most literature in strategic network formation shows that there is a substantial tension between stability and efficiency. In this note, I show that such is not the case in the twoway flow model with small decay studied by Bala and Goyal (2000a) and De Jaegher and Kamphorst (2015). Specifically,...
Persistent link: https://www.econbiz.de/10013353582
information. We consider multiple utility specifications. We show that the game always has an equilibrium in pure strategies and … "babblers" or "friends", irrespective of whether the network is unilateral or bilateral, in equilibrium, targeted information …
Persistent link: https://www.econbiz.de/10011282489
Bi and branching networks are two classes of minimal networks often found in the literatures of two-way flow Strict Nash networks. Why so? In this paper, we answer this question by establishing a generalized condition that holds together many models in the literature, and then show that this...
Persistent link: https://www.econbiz.de/10011957004
We study the formation of networks in environments where agents derive benefits from other agents directly linked to them but suffer losses through contagion when any agent on a path connected to them is hit by a shock. We first consider networks with undirected links (e.g. epidemics,...
Persistent link: https://www.econbiz.de/10011816753