Results 31 to 40 of about 82,268 (49)

Bargaining and Information Acquisition

American Economic Journal: Microeconomics
We consider an ultimatum game where the value of the object being sold to the buyer is high or low. The seller knows the value, but the buyer does not. The value to the seller is zero.
Kalyan Chatterjee, Miaomiao Dong, Tetsuya Hoshino   +2 more
semanticscholar   +1 more source

The Doors of Perception: Theory and Evidence of Frame-Dependent Rationalizability

American Economic Journal: Microeconomics, 2023
We investigate how strategic behavior is affected by the set of notions (frames) used when thinking about the game. In our games the action set consists of visual objects: each player must privately choose one, trying to match the counterpart’s choice ...
G. Charness, Alessandro Sontuoso
semanticscholar   +1 more source

Minimax regret et jeu de demande 11-20

Revue économique
Le jeu de demande 11-20 d’Arad et Rubinstein stimule naturellement un comportement conforme au raisonnement de niveau -k. Nous montrons, dans une version généralisée de ce jeu, que le minimax regret joue également un rôle significatif dans le ...
Gisèle Umbhauer
semanticscholar   +1 more source

Bid Caps in Noisy Contests

American Economic Journal: Microeconomics, 2023
This paper studies optimal bid caps in a multiplayer noisy contest in which a higher bid does not guarantee a sure win. The bid cap can be either rigid or flexible. The former imposes outright bidding restrictions on players’ bids, while the latter taxes
Qiang Fu, Zenan Wu, Yuxuan Zhu
semanticscholar   +1 more source

Accounting Measurement Rules in the Presence of Higher-Order Uncertainty

Accounting Review
We study the investment efficiency of the historical cost and fair value measurement rules when a reporting firm and its investors confront higher-order uncertainty inferring the behavior of others.
Phillip C. Stocken, Gaoqing Zhang
semanticscholar   +1 more source

Cursed Sequential Equilibrium

The American Economic Review, 2023
This paper develops a framework to extend the strategic form analysis of cursed equilibrium (CE) developed by Eyster and Rabin (2005) to multistage games.
Meng-Jhang Fong, Po-Hsuan Lin, T. Palfrey   +2 more
semanticscholar   +1 more source

Beliefs in Repeated Games: An Experiment

The American Economic Review
This paper uses a laboratory experiment to study beliefs and their relationship to action and strategy choices in finitely and indefinitely repeated prisoners’ dilemma games.
Masaki Aoyagi, Guillaume R. Fréchette, S. Yuksel   +2 more
semanticscholar   +1 more source

Disclosure and Favoritism in Sequential Elimination Contests

American Economic Journal: Microeconomics, 2022
We consider a two-stage contest, in which only a subset of contestants enters the finale. We explore the optimal policy for disclosing contestants’ interim status after the preliminary round, i.e., their interim ranking and elimination decision.
Qiang Fu, Zenan Wu
semanticscholar   +1 more source

Predicting Cooperation with Learning Models

American Economic Journal: Microeconomics
We use simulations of a simple learning model to predict cooperation rates in the experimental play of the indefinitely repeated prisoner’s dilemma.
D. Fudenberg, Gustav Karreskog Rehbinder
semanticscholar   +1 more source

Multigame Contact: A Double-Edged Sword for Cooperation

Social Science Research Network
We study experimentally the effect of multigame contact on cooperation, with each subject playing a pair of indefinitely repeated prisoner’s dilemmas. Multigame contact is present if a subject plays both games with a single partner, and it is absent if ...
Vincent Laferrière, J. Montez, C. Roux, C. Thöni   +3 more
semanticscholar   +1 more source