Showing 1 - 10 of 12,582
In this paper, we use experimental data to study players' stability in normal-form games where subjects have to report beliefs and to choose actions. Subjects saw each of 12 games four times in a regular or isomorphic form spread over two days without feedback. We document a high degree of...
Persistent link: https://www.econbiz.de/10011107567
In this article, we study the emergence of coordination in repeated Sender-Receiver games with common interests when the messages have no common meaning before the game starts. We define axiomatic interpretation rules of the histories and study the resulting language-free signaling equilibria...
Persistent link: https://www.econbiz.de/10005641145
We apply the dynamic stochastic framework proposed by recent evolutionary literature to the class of strict supermodular games when two simple behavior rules coexist in the population, imitation and myopic optimization.
Persistent link: https://www.econbiz.de/10005783558
This thesis advances game theory by formally analysing the implications of replacing some of its most stringent assumptions with alternatives that –at least in certain contexts– have received greater empirical support. Specifically, this thesis makes two distinct contributions in the field...
Persistent link: https://www.econbiz.de/10005790121
Analysts make competing claims about when and how politicians can use fear to gain support for suboptimal policies. Using a model, we clarify how common attributes of fear affect politicians’ abilities to achieve self-serving outcomes that are bad for voters. In it, a politician provides...
Persistent link: https://www.econbiz.de/10005836312
This paper uses experimental data to examine the existence of a teaching strategy among bounded rational players. If players realize that their own actions modify their opponent's beliefs and actions, they might play certain actions to this specific end ; and forego immediate payoffs if the...
Persistent link: https://www.econbiz.de/10005696779
Persistent link: https://www.econbiz.de/10005136847
In sender-receiver games high-quality types can distinguish themselves from low-quality types by sending a costly signal. Allowing for additional, noisy information on sender types can radically alter sender behavior in such games. We examine equilibria where medium types separate themselves...
Persistent link: https://www.econbiz.de/10005146888
We study finitely repeated 2 / 2 normal form games, where players have incomplete information about their opponents’ payoffs. In a laboratory experiment we investigate whether players (a) learn the game they are playing, (b) learn to predict the behavior of their opponent, and (c) learn to...
Persistent link: https://www.econbiz.de/10005184880
Some social scientists argue that the widespread of cooperation within societies is the fact that modern economics theory fails to capture. Fukuyama, for example, argues that economics fails to take into account cultural factors affecting individual behaviors (Fukuyama 1995). Trust, as he...
Persistent link: https://www.econbiz.de/10009363655