We introduce noise in the signaling technology of an otherwise standard wasteful signaling model (Spence, 1973). We … theoretically derive the properties of the equilibria under different levels of noise and we experimentally test how behavior … changes with noise. We obtain three main insights. First, if the amount of noise increases, high types aiming for separation …

is repeated. In the presence of idiosyncratic noise the tournament turns into a probabilistic mechanism that reveals the … the winner, as a function of the number of players, their distribution of type, and the noise level. I consider also … various seeding strategies and show that for large and small noise (as compared to the variance of ability distribution among …

(N - 1)/2 pairwise comparisons. A noisy round-robin tournament adds the possibility of upsets, or noise, and hence reduces … distributions of players’ abilities, as a function of the level of noise and the number of players. At first sight, some of our …

decision noise leads to bias in most elicitation tasks, there is a risk of falsely interpreting noise-driven relationships as … of noise in combination with a balanced design allows us to mitigate the bias problem. Our estimations show that … related to noise, but the personality characteristics obtained using the Big Five inventory are less related to noise and more …

allowing for heterogeneity of noise yields no significant relation between risk aversion and cognitive ability. Our results …

decision noise leads to bias in most elicitation tasks, there is a risk of falsely interpreting noise-driven relationships as … of noise in combination with a balanced design allows us to mitigate the bias problem. Our estimations show that … related to noise, but the personality characteristics obtained using the Big Five inventory are less related to noise and more …