We study a variant of the repeated Prisoner's Dilemma with uncertain horizon, in which each player chooses his foresight ability: that is, the timing in which he is informed about the realized length of the interaction. In addition, each player has an independent probability to observe the...

A strong correlated equilibrium is a correlated strategy profile that is immune to joint deviations. Different notions of strong correlated equilibria have been defined in the literature. One major difference among those definitions is the stage in which coalitions can plan a joint deviation:...

This paper analyzes the implementation of correlated equilibria that are immune to joint deviations of coalitions by cheap-talk protocols. We construct a universal cheap-talk protocol (a polite protocol that uses only 2-player private channels) that is resistant to deviations of fewer than half...

Simonson and Tversky (Journal of Marketing Research, 1992) demonstrated that the tendency to choose an alternative is enhanced or hindered depending on whether the tradeoffs within the set under consideration are favorable or unfavorable to that option (tradeoff contrast effect). In this paper...

Multiple studies suggest that, contrary to economic rationale, offering monetary incentives to complete a task can negatively affect task performance. This phenomenon is attributed to so-called crowding-out effects, in which monetary rewards “crowd out” non-monetary sources of value that...