Showing 1 - 10 of 16,847
substantial public information which increases the earnings of participants. In Experiment 2, participants have better …
Persistent link: https://www.econbiz.de/10011436128
Using a lab experiment, we investigate the real-life performance of envy-free and proportional cake-cutting procedures …
Persistent link: https://www.econbiz.de/10011945921
-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in …
Persistent link: https://www.econbiz.de/10011789104
Persistent link: https://www.econbiz.de/10011618970
We develop a model in which an overconfident agent learns about groups in society from observations of his and others' successes. In our model, both the agent's information and his beliefs are multi-dimensional, allowing us to study interactions between different views. Overall, society always...
Persistent link: https://www.econbiz.de/10014578270
There are many important decision problems where learning through experimentation is costly or impossible. In these situations, individuals may try to learn from observing the outcomes of others who have made similar decisions. Often, however, information about others comprises a selected...
Persistent link: https://www.econbiz.de/10011982107
external factors if they fail. They are too easily dissatisfied with their environment, which leads them to experiment in …
Persistent link: https://www.econbiz.de/10011966912
external factors if they fail. They are too easily dissatisfied with their environment, which leads them to experiment in …
Persistent link: https://www.econbiz.de/10011930663
We conducted a field experiment on the Internet and investigated the participants' belief updating in an individual …
Persistent link: https://www.econbiz.de/10014050224
circumstances where it arises. Moreover, our theory predicts the absence of polarization under certain conditions, as some …
Persistent link: https://www.econbiz.de/10013043659