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-registered experiment with 1,260 subjects. In the first wave we vary the level of awareness of subjects' past dishonesty and explore the …
Persistent link: https://www.econbiz.de/10012494900
Why are people so often overconfident? We conduct an experiment to test the hypothesis that people become overconfident …
Persistent link: https://www.econbiz.de/10011626574
Time is a crucial determinant of deception, since some misreporting opportunities come as a surprise and require an … experiment of self-serving deceptive behavior which combines two exogenously varied levels of reflection time with a cognition … process about the deception opportunity. We find that time pressure leads to more honesty compared to sufficient contemplation …
Persistent link: https://www.econbiz.de/10011723505
In this work, I extend the normal form cognitive hierarchy model (Camerer et al. (2004)) to a class of finite two-person extensive form games. I study two versions of such a model: the first is as faithful as possible to the normal form assumptions, while the second modifies them slightly. In...
Persistent link: https://www.econbiz.de/10013148058
Economists are increasingly interested in the cognitive basis of pro-social behavior. Using response time data, several authors have claimed that "fairness is intuitive". In light of conflicting empirical evidence, we provide theoretical arguments showing under which circumstances an increase...
Persistent link: https://www.econbiz.de/10011616655
equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences …
Persistent link: https://www.econbiz.de/10014041000
of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment …
Persistent link: https://www.econbiz.de/10013052550
of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment …
Persistent link: https://www.econbiz.de/10010364492
experiment. Using cognitive types, we can explain coordination failure in pure coordination games while differentiating between … coordination failure due to first- and higher-order beliefs. In our experiment, around 76% of the subjects have chosen the payoff …
Persistent link: https://www.econbiz.de/10011537616
We study experimentally persuasion games in which a sender (e.g., a seller) with private information provides verifiable but potentially vague information (e.g., about the quality of a product) to a receiver (e.g., a buyer). Various theoretical solution concepts such as sequential equilibrium or...
Persistent link: https://www.econbiz.de/10011811807