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作者:Chassang, Sylvain; Zehnder, Christian
作者单位:Princeton University; University of Lausanne
摘要:We study secure survey designs in organizational settings where fear of retaliation makes it hard to elicit truth. Theory predicts that ( i ) randomized-response techniques offer no improvement because they are strategically equivalent to direct elicitation, ( ii ) exogenously distorting survey responses ( hard garbling) can improve information transmission, and ( iii ) the impact of survey design on reporting can be estimated in equilibrium. Laboratory experiments confirm that hard garbling o...
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作者:Cooper, David J.; Fatas, Enrique; Morales, Antonio J.; Qi, Shi
作者单位:University of Iowa; University of East Anglia; European University of Madrid; Universidad de Malaga; William & Mary
摘要:Level-k models often assume that individuals employ a fixed depth of reasoning across different games. We study this assumption by having subjects make choices in five classes of games chosen to identify inconsistent depth of reasoning. We demonstrate that depth of reasoning is pervasively inconsistent, changing both within and between classes of games. We show that this cannot easily be explained by factors such as subject confusion, changing beliefs about others' depth of reasoning, stochast...
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作者:Ide, Enrique
作者单位:University of Navarra; IESE Business School
摘要:I explain why current success can undermine an organization's ability to innovate. I consider a standard bandit problem between a safe and a risky arm with two modifications. First, a principal allocates resources. Second, an agent must install the risky arm, which is not contractible. If the principal cannot commit to a resource policy, a dual moral hazard problem emerges: The agent's pay must be tied to the risky arm's success to encourage installation, inducing the principal to stop experim...
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作者:Demuynck, Thomas; Staner, Clement
作者单位:Universite Libre de Bruxelles
摘要:We develop a revealed preference test for the Choquet expected utility model with ambiguity aversion, which does not rely on specific functional form assumptions on the utility index. It is computationally efficient if the number of states is not too large, even for a large number of observations. This is a nice feature compared to other existing revealed preference tests for decision models with ambiguity. We illustrate the usefulness of our results by implementing our test on two experimenta...