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Information sharing has become increasingly important in helping consumers make better, more informed choices over competing products. Our project uses a novel theoretical framework and laboratory experiments to analyze three simple, commonly used incentive schemes against an unincentivized...
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We study the role of inter-group differences in the emergence of conflict. In our setting, two groups compete for the right to allocate society’s resources, and we allow for costly inter-group mobility. The winning group offers an allocation, that the opposition can either accept, or reject...
Persistent link: https://www.econbiz.de/10011183518
We consider a persuasion game where multiple experts with potentially conflicting self-interests attempt to persuade a decision-maker, say, a judge. The judge prefers to take an action that is most appropriate given the true state of the world but the experts' preferences over the actions are...
Persistent link: https://www.econbiz.de/10010878520
We consider a persuasion game between a decision-maker and a panel of biased experts. The decision-maker prefers to take an action in [0, 1] that matches the underlying state but relies on the experts to learn the state. Each expert has his `ideal` action or `agenda` and may conceal unfavorable...
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Poor communities sometimes resist private investment and destroy economic surplus even if the government has the willingness and ability to redistribute. We interpret such acts of resistance as demands for redistribution: destruction contains credible information about how affected groups value...
Persistent link: https://www.econbiz.de/10010878531