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作者:Dufwenberg, Martin; Gaechter, Simon; Hennig-Schmidt, Heike
作者单位:University of Nottingham; IZA Institute Labor Economics; Leibniz Association; Ifo Institut; University of Bonn; University of Arizona; University of Gothenburg
摘要:Psychological game theory can provide rational-choice-based framing effects; frames influence beliefs, beliefs influence motivations. We explain this theoretically and explore empirical relevance experimentally. In a 2 x 2 design of one-shot public good games we show that frames affect subject's first- and second-order beliefs and contributions. From a psychological game-theoretic framework we derive two mutually compatible hypotheses about guilt aversion and reciprocity under which contributi...
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作者:Anshelevich, Elliot; Shepherd, F. B.; Wilfong, Gordon
作者单位:Rensselaer Polytechnic Institute; McGill University; AT&T
摘要:We introduce a game theoretic model of network formation in an effort to understand the complex system of business relationships between various Internet entities (e.g., Autonomous Systems, enterprise networks, residential customers). In our model we are given a network topology of nodes and links where the nodes act as the players of the game, and links represent potential contracts. Nodes wish to satisfy their demands, which earn potential revenues, but may have to pay their neighbors for li...
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作者:Charness, Gary; Du, Ninghua; Yang, Chun-Lei
作者单位:University of California System; University of California Santa Barbara; Shanghai University of Finance & Economics; Academia Sinica - Taiwan
摘要:Trust is an essential component of good social outcomes and effective economic performance. Reputation on the trustee's past behavior in the same role has proven to be greatly effective at raising the level of trust. In this study, we show that providing information on the trustee's past behavior as the trustor is equally effective as a reputation system. In fact, people still find it worthwhile to invest in a reputation as a trusting person, even though the immediate payoff for trusting is po...
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作者:Perea, Andres
作者单位:Maastricht University
摘要:Proper rationalizability (Schuhmacher, 1999; Asheim, 2001) is a concept in epistemic game theory based on the following two conditions: (a) a player should be cautious, that is, should not exclude any opponent's strategy from consideration; and (b) a player should respect the opponents' preferences, that is, should deem an opponent's strategy s(i) infinitely more likely than s(i)' if he believes the opponent to prefer s(i) to s(i)'. A strategy is properly rationalizable if it can optimally be ...
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作者:Shneyerov, Artyom; Wong, Adam Chi Leung
作者单位:Universite de Montreal; Concordia University - Canada; Shanghai University of Finance & Economics; Concordia University - Canada
摘要:Within the IPV paradigm, we show nonparametric identification of model primitives for first-price and Dutch auctions with a binding reserve price and auction-specific, unobservable sets of potential bidders. (C) 2010 Elsevier Inc. All rights reserved.
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作者:Fudenberg, Drew; Takahashi, Satoru
作者单位:Princeton University; Harvard University
摘要:Stochastic fictitious play (SFP) assumes that agents do not try to influence the future play of their current opponents, an assumption that is justified by appeal to a setting with a large population of players who are randomly matched to play the game. However, the dynamics of SFP have only been analyzed in models where all agents in a player role have the same beliefs. We analyze the dynamics of SFP in settings where there is a population of agents who observe only outcomes in their own matc...
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作者:Alcalde-Unzu, Jorge; Molis, Elena
作者单位:University of Granada; Universidad Publica de Navarra
摘要:There is a wide range of economic problems that involve the exchange of indivisible goods with no monetary transfers, starting from the housing market model of the seminal paper by Shapley and Scarf (1974) to problems such as the kidney exchange or the school choice problem. The classical solution to many of these models is to apply a mechanism called Top Trading Cycles, attributed to David Gale, which satisfies good properties for the case of strict preferences. In this paper, we propose a fa...
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作者:Charness, Gary; Rustichini, Aldo
作者单位:University of California System; University of California Santa Barbara; University of Minnesota System; University of Minnesota Twin Cities
摘要:We study experimentally how males and females differ in the way same-gender peers observing their action affects their social behavior. In our experiment, people play a Prisoner's Dilemma game with a partisan audience watching the choice. Two groups participated in each session; these groups could be both all-male, both all-female, or one all-male and one all-female. Groups were separated into two rooms. Each person in the group played the game once with an audience of the same group and once ...
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作者:Cassar, Alessandra; Rigdon, Mary
作者单位:Rutgers University System; Rutgers University New Brunswick; University of San Francisco
摘要:This paper focuses on the interaction between network structure, the role of information, and the level of trust and trustworthiness in 3-node networks. We extend the investment game with one Sender and one Receiver to networked versions - one characterized by one Sender and two Receivers ([1S-2R]) and one characterized by two Senders and one Receiver ([2S-1R]) - under two information conditions, full and partial. We develop a comparative model of trust for the networked exchange environments ...
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作者:Voorneveld, Mark
作者单位:Stockholm School of Economics