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In real life strategic interactions decision-makers are likely to entertain doubts about the degree of optimality of their play. To capture this feature of real choice-making, we present here a model based on the doubts felt by an agent about how well is playing a game. The doubts are coupled...
Persistent link: https://www.econbiz.de/10005111035
Three well‐known matching mechanisms designed to solve the college admissions problems are analyzed in the experimental laboratory in different informational settings. We observe that when the level of information is significantly increased, the proportion of schools and teachers that submit...
Persistent link: https://www.econbiz.de/10014178135
We analyze two well-known matching mechanisms - the Gale-Shapley, and the Top Trading Cycles (TTC) mechanisms - in the experimental lab in three different informational settings, and study the role of information in individual decision making. Our results suggest that - in line with the theory -...
Persistent link: https://www.econbiz.de/10014220116
Persistent link: https://www.econbiz.de/10009379485
Persistent link: https://www.econbiz.de/10003774591
We analyze two well-known matching mechanisms—the Gale-Shapley, and the Top Trading Cycles (TTC) mechanisms—in the experimental lab in three different informational settings, and study the role of information in individual decision making. Our results suggest that—in line with the...
Persistent link: https://www.econbiz.de/10003644959