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messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked …
Persistent link: https://www.econbiz.de/10012978828
We use a laboratory experiment to study how mutual payoff information affects play in strategic settings. Subjects play … shown both their own and their opponent's payoffs. In both treatments, they receive feedback on their opponent's action …
Persistent link: https://www.econbiz.de/10013213631
messages, on their credibility and on actual play. We run an experiment in a three-player coordination game with Pareto ranked …
Persistent link: https://www.econbiz.de/10013045359
without feedback, the experiment allows a stronger test of "no-feedback learning" as well as a better understanding of the …This paper explores the extent to which people learn in repeated games without feedback, and the extent to which this … learning transfers to new games. Current theories of learning model learning as adjustment in behavior in response to feedback …
Persistent link: https://www.econbiz.de/10014087372
. We propose a controlled online experiment that allows to manipulate belief biases and the communication environment. We …
Persistent link: https://www.econbiz.de/10014467686
We examine under what conditions people provide accurate feedback to others. We use feedback regarding attractiveness … giving accurate face-to-face feedback to less attractive individuals,even if lying in this context comes at a monetary cost … to both the person who gives the feedback and the receiver. A substantial increase of these costs does not increase the …
Persistent link: https://www.econbiz.de/10014034915
We analyze learning in a two-person simultaneous choice repeated game. Agents form beliefs about their rival's strategies, which they revise as the game progresses. We test this model using data from a series of experiments. We obtain data on subjects' expectations by asking them to predict...
Persistent link: https://www.econbiz.de/10014055691
We report on experiments examining the value of commitment in Stackelberg games where the follower chooses whether to pay some cost to perfectly observe the leader's action. Várdy (2004) shows that in the unique pure strategy subgame perfect equilibrium of this game, the value of commitment is...
Persistent link: https://www.econbiz.de/10014060286
This paper experimentally investigates social learning in a two-agent prediction game with both exogenous and endogenous ordering of decisions and a continuous action space. Given that individuals regularly fail to apply rational timing, we refrain from implementing optimal timing of decisions...
Persistent link: https://www.econbiz.de/10009779323
Trust plays a crucial role in refugees’ integration. This study examines how social information about trust levels among peers from home and host countries affects non-Western refugees’ trust. Using a trust game, we measured experimentally trust levels among Swiss citizens, Turkish refugees,...
Persistent link: https://www.econbiz.de/10015358646