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The Causal Effect of Cognitive Abilities on Economic Behavior: Evidence from a Forecasting Task with Varying Cognitive Load

Rydval, Ondrej - Center for Economic Research and Graduate Education and … - 2012

We identify the causal effect of cognitive abilities on economic behavior in an experimental setting. Using a forecasting task with varying cognitive load, we identify the causal effect of working memory on subjects' forecasting performance, while also accounting for the effect of other...

Persistent link: https://www.econbiz.de/10010842911

Coordination in a Mobile World

Steiner, Jakub - Center for Economic Research and Graduate Education and … - 2006

encounter one of these projects, but have an outside option to search for another of the projects. Drawing on the global games … endogeneity of the outside option value and of the search activity leads to non-monotonicity of welfare with respect to search … exogenous parameters. In contrast to the “static” benchmark global game without a search option, successful coordination is …

Persistent link: https://www.econbiz.de/10005178133

Consumer Reactions To Unobserved Changes in Price Schedules

Katuscak, Peter - Center for Economic Research and Graduate Education and … - 2011

search time, cog- nitive effort or monetary outlays. This is likely to be true of price changes in subscription plans …

Persistent link: https://www.econbiz.de/10008862260

Three Very Simple Games and What It Takes to Solve Them

Rydval, Ondrej; Ortmann, Andreas; Ostatnicky, Michal - Center for Economic Research and Graduate Education and … - 2008

We study experimentally the nature of dominance violations in three minimalist dominancesolvable guessing games. We examine how subjects’ reported reasoning processes translate into their stated choices and beliefs about others’ choices, and how both reasoning processes and choices relate to...

Persistent link: https://www.econbiz.de/10005086650

Informative Advertising and Consumer Search in a Differentiated-Products Duopoly

Celik, Levent - Center for Economic Research and Graduate Education and … - 2007

This paper analyzes informative advertising in a duopoly market with differentiated products when consumer search is …

Persistent link: https://www.econbiz.de/10005146558

Why Are There Mobility Restrictions?

Jeong, Byeongju - Center for Economic Research and Graduate Education and … - 1999

focuses on the search for partners and the formation and break-up of teams. Under no restrictions, there is too much searching …

Persistent link: https://www.econbiz.de/10005086617

Duopoly Competition, Escape Dynamics and Non-cooperative Collusion

Janjgava, Batlome; Slobodyan, Sergey - Center for Economic Research and Graduate Education and … - 2011

In this paper, we study an imperfect monitoring model of duopoly under similar settings as in Green and Porter (1984), but here firms do not know the demand parameters and learn about them over time though the price signals. We investigate how a deviation from rational expectations affects the...

Persistent link: https://www.econbiz.de/10009358657

Growth of Electoral Fraud in Non-Democracies: The Role of Uncertainty

Vorobyev, Dmitriy - Center for Economic Research and Graduate Education and … - 2010

Electoral fraud has become an integral part of electoral competition both in established democracies and less-than-democratic regimes. In this paper I study electoral fraud in the non-democratic setting. First, I present evidence of fraud sustainability and growth over the lifetime of...

Persistent link: https://www.econbiz.de/10008751894

Overcoming Consumer Biases in the Choice of Pricing Schemes: A Lab Experiment

Shestakova, Natalia - Center for Economic Research and Graduate Education and … - 2010

This paper uses experimental data to investigate possible biases in consumers' choice of pricing schemes when their demand is perfectly inelastic but uncertain. I consider threepart pricing schemes (i.e. fixed fee, included units, extra-unit price). The analysis suggests a strong bias towards...

Persistent link: https://www.econbiz.de/10008751900

Discrete Actions in Information-Constrained Tracking Problems

Matejka, Filip; Sims, Christopher A. - Center for Economic Research and Graduate Education and … - 2011

Optimal actions of an agent facing a Shannon capacity constraint on the translation of an uncertain signal into an action can easily turn out to be discretely distributed, even when the objective function and the initial distribution of uncertainty contain no discrete elements. We show this...

Persistent link: https://www.econbiz.de/10009275561