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Do lookers-on make better economic decisions and form more objective beliefs than individuals who are in the situation? We design a laboratory experiment studying the dynamic pattern of job applications and individuals' belief updating process in a labor market problem. Our experimental...
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Using rebate rules to facilitate public goods provision has become a common practice for many social, economic, and environmental issues. This paper explores the effect of both non-endogenous and endogenous rebate rules on threshold-public goods provision in large groups. We follow the...
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This paper examines the effect of interactions between heterogeneous decision-makers on an agent's information revelation incentives. We analyze a cheap-talk game between an informed agent and two uninformed decision-makers who coordinate their actions. We compare public communication with...
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This paper experimentally explores people's beliefs behind the failure of backward induction in the centipede games. I elicit players' beliefs about opponents' strategies and 1st-order beliefs. I find that subjects maximize their monetary payoffs according to their stated beliefs less frequently...
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Official reports and case studies reveal that China experienced different means of communication with the world powers since it joined the World Trade Organization in 2001. In the first five years, China had public communication with both the United States and the European Union under the...
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