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Cognitive and mnemonic abilities in a trust game

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  • Delle Foglie, Luca
  • Papa, Stefano

Abstract

Individual mnemonic abilities can play an important role in determining individual choices, especially in games that involve numerous decision-making situations in which the consistency of decisions depends on the information set retained by the subjects. In similar contexts it would be useful to distinguish the impact of cognitive abilities from mnemonic abilities on choices. We provide empirical evidence on the importance of providing cumulative information flow in games of the type described above.

Suggested Citation

  • Delle Foglie, Luca & Papa, Stefano, 2024. "Cognitive and mnemonic abilities in a trust game," Economics Letters, Elsevier, vol. 241(C).
    • Handle: RePEc:eee:ecolet:v:241:y:2024:i:c:s0165176524002945
    DOI: 10.1016/j.econlet.2024.111810
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    References listed on IDEAS

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    1. Chen Li & Uyanga Turmunkh & Peter P. Wakker, 2019. "Trust as a decision under ambiguity," Experimental Economics, Springer;Economic Science Association, vol. 22(1), pages 51-75, March.
    2. Battigalli, Pierpaolo & Generoso, Nicolò, 2024. "Information flows and memory in games," Games and Economic Behavior, Elsevier, vol. 145(C), pages 356-376.
    3. Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer;Economic Science Association, vol. 10(2), pages 171-178, June.
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    Cited by:

    1. Battigalli, Pierpaolo & Generoso, Nicolò, 2024. "Information flows and memory in games," Games and Economic Behavior, Elsevier, vol. 145(C), pages 356-376.

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    More about this item

    Keywords

    Ambiguity attitude; Cumulative information flow; Mnemonic abilities; Cognitive Bias;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General

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