Cursed Equilibrium
From MaRDI portal
Publication:5393894
DOI10.1111/j.1468-0262.2005.00631.xzbMath1133.91470OpenAlexW4251530592WikidataQ56658243 ScholiaQ56658243MaRDI QIDQ5393894
Publication date: 24 October 2006
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1111/j.1468-0262.2005.00631.x
Related Items (57)
Informed speculation with k-level reasoning ⋮ Informational herding with model misspecification ⋮ On the cost of misperception: general results and behavioral applications ⋮ The curse of uninformed voting: an experimental study ⋮ The value of a coordination game ⋮ Games with incomplete information when players are partially aware of others' signals ⋮ A theory of perceived discrimination ⋮ Optimal bidding in auctions from a game theory perspective ⋮ Signaling to analogical reasoners who can acquire costly information ⋮ Do sellers exploit biased beliefs of buyers? An experiment ⋮ Belief distorted Nash equilibria: introduction of a new kind of equilibrium in dynamic games with distorted information ⋮ Redefinition of belief distorted Nash equilibria for the environment of dynamic games with probabilistic beliefs ⋮ Limited cognitive ability and selective information processing ⋮ Does information transparency decrease coordination failure? ⋮ Adverse selection and contingent reasoning in preadolescents and teenagers ⋮ Why are open ascending auctions popular? The role of information aggregation and behavioral biases ⋮ Multilevel marketing: Pyramid‐shaped schemes or exploitative scams? ⋮ Information, coordination, and market frictions: an introduction ⋮ Haircuts, interest rates, and credit cycles ⋮ Hypothetical thinking and the winner's curse: an experimental investigation ⋮ No trade ⋮ Information frictions and market power: a laboratory study ⋮ Feigning ignorance for long-term gains ⋮ Cheap talk with prior-biased inferences ⋮ The analogical foundations of cooperation ⋮ Revisiting games of incomplete information with analogy-based expectations ⋮ Paying attention to payoffs in analogy-based learning ⋮ The winner's curse: conditional reasoning and belief formation ⋮ Dynamic unawareness and rationalizable behavior ⋮ Optimal bidding in auctions of mixed populations of bidders ⋮ Cheap talk with multiple audiences: an experimental analysis ⋮ Order on types based on monotone comparative statics ⋮ Naive traders and mispricing in prediction markets ⋮ Overconfidence and moral hazard ⋮ Sentiments, strategic uncertainty, and information structures in coordination games ⋮ Value-rationalizability in auction bidding ⋮ English versus Vickrey auctions with loss-averse bidders ⋮ Knowing me, imagining you: projection and overbidding in auctions ⋮ The premium as informational cue in insurance decision making ⋮ A quantitative easing experiment ⋮ An experiment on first-price common-value auctions with asymmetric information structures: the blessed winner ⋮ An experimental study of estimation and bidding in common-value auctions with public information ⋮ Strategic pricing with rational inattention to quality ⋮ Preferences and information processing under vague information ⋮ The distribution of information and the price efficiency of markets ⋮ Quantal response and nonequilibrium beliefs explain overbidding in maximum-value auctions ⋮ Asymptotic behavior of Bayesian learners with misspecified models ⋮ Disclosure of information under competition: an experimental study ⋮ A game-free microfoundation of mutual optimism ⋮ EXPERIMENTAL EVIDENCE ON ENGLISH AUCTIONS: ORAL OUTCRY VERSUS CLOCK ⋮ Modeling players with random ``data access ⋮ Learning (to disagree?) in large worlds ⋮ Simple versus rich language in disclosure games ⋮ Dynamic coordination via organizational routines ⋮ The partially cursed and the analogy-based expectation equilibrium ⋮ Sellouts, beliefs, and bandwagon behavior ⋮ Feature-based choice and similarity perception in normal-form games: an experimental study
This page was built for publication: Cursed Equilibrium
