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Wolfgang Pesendorfer

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Faruk Gul & Wolfgang Pesendorfer, 2001. "Temptation and Self-Control," Econometrica, Econometric Society, vol. 69(6), pages 1403-1435, November.

    Mentioned in:

    1. Thesis Thursday: Alastair Irvine
      by Chris Sampson in The Academic Health Economists' Blog on 2019-03-21 07:00:35

Working papers

  1. Gul, Faruk & Pesendorfer, Wolfgang, 2010. "The War of Information," Papers 9-13-2010, Princeton University, Research Program in Political Economy.

    Cited by:

    1. Halac, Marina & Kremer, Ilan, 2018. "Experimenting with Career Concerns," CEPR Discussion Papers 12569, C.E.P.R. Discussion Papers.
    2. Christopher Cotton & Arnaud Dellis, 2012. "Informational Lobbying and Agenda Distortion," Working Papers 2013-03, University of Miami, Department of Economics.
    3. Vaccari, Federico, 2023. "Competition in costly talk," Journal of Economic Theory, Elsevier, vol. 213(C).
    4. Raphael Boleslavsky & Christopher Cotton, 2018. "Limited capacity in project selection: competition through evidence production," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 65(2), pages 385-421, March.
    5. Vaccari, Federico, 2022. "Competition in Signaling," FEEM Working Papers 329582, Fondazione Eni Enrico Mattei (FEEM).
    6. Antony Millner & Hélène Ollivier & Leo Simon, 2017. "Confirmation bias and signaling in Downsian elections," Working Papers halshs-01631494, HAL.
    7. Stephane Wolton, 2015. "Political conflicts, the role of opposition parties, and the limits on taxation," Journal of Theoretical Politics, , vol. 27(4), pages 570-587, October.
    8. Gregor Martin, 2015. "To Invite or Not to Invite a Lobby, That Is the Question," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 15(2), pages 143-166, July.
    9. Egor Starkov, 2020. "Only Time Will Tell: Credible Dynamic Signaling," Papers 2007.09568, arXiv.org, revised Jan 2022.
    10. Bruce Carlin & Christopher Cotton & Raphael Boleslavsky, 2017. "Competing For Capital: Auditing And Credibility In Financial Reporting," Working Paper 1377, Economics Department, Queen's University.
    11. Zhang, Qiaoxi, 2020. "Vagueness in multidimensional proposals," Games and Economic Behavior, Elsevier, vol. 121(C), pages 307-328.
    12. Kimbrough, Erik O. & Laughren, Kevin & Sheremeta, Roman, 2020. "War and conflict in economics: Theories, applications, and recent trends," Journal of Economic Behavior & Organization, Elsevier, vol. 178(C), pages 998-1013.
    13. Chen, Chia-Hui & Ishida, Junichiro, 2018. "Hierarchical experimentation," Journal of Economic Theory, Elsevier, vol. 177(C), pages 365-404.
    14. Brendan Daley & Brett Green, 2012. "Waiting for News in the Market for Lemons," Econometrica, Econometric Society, vol. 80(4), pages 1433-1504, July.
    15. Denter, Philipp, 2019. "Campaign Contests," MPRA Paper 97395, University Library of Munich, Germany.
    16. Jacqueline Sanchez-Rabaza & Jose Maria Rocha-Martinez & Julio B. Clempner, 2023. "Characterizing Manipulation via Machiavellianism," Mathematics, MDPI, vol. 11(19), pages 1-19, September.
    17. Seel, Christian & Strack, Philipp, 2012. "Gambling in Contests," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 375, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    18. Wolton, Stephane, 2016. "Lobbying, Inside and Out: How Special Interest Groups Influence Policy Choices," MPRA Paper 68637, University Library of Munich, Germany.
    19. Gentzkow, Matthew & Kamenica, Emir, 2017. "Bayesian persuasion with multiple senders and rich signal spaces," Games and Economic Behavior, Elsevier, vol. 104(C), pages 411-429.
    20. Winand Emons & Claude Denys Fluet, 2016. "Strategic Communication with Reporting Costs," CIRANO Working Papers 2016s-06, CIRANO.
    21. Kolb, Aaron M., 2019. "Strategic real options," Journal of Economic Theory, Elsevier, vol. 183(C), pages 344-383.
    22. Avidit Acharya & Edoardo Grillo & Takuo Sugaya & Eray Turkel, 2019. "Dynamic Campaign Spending," Carlo Alberto Notebooks 601, Collegio Carlo Alberto.
    23. Quan Li & Kang Rong, 2024. "Full disclosure in competitive Bayesian persuasion," International Journal of Game Theory, Springer;Game Theory Society, vol. 53(2), pages 525-545, June.
    24. Hwang, Ilwoo, 2023. "Policy experimentation with repeated elections," Games and Economic Behavior, Elsevier, vol. 142(C), pages 623-644.
    25. Szydlowski, Martin, 2024. "Fomenting conflict," Journal of Economic Theory, Elsevier, vol. 220(C).
    26. Kemal Kivanç Aköz & Cemal Eren Arbatli, 2016. "Information Manipulation in Election Campaigns," Economics and Politics, Wiley Blackwell, vol. 28(2), pages 181-215, July.
    27. Lang, Ruitian, 2019. "Try before you buy: A theory of dynamic information acquisition," Journal of Economic Theory, Elsevier, vol. 183(C), pages 1057-1093.
    28. Avidit Acharya & Takuo Sugaya & Eray Turkel, 2022. "Electoral Campaigns as Dynamic Contests," "Marco Fanno" Working Papers 0293, Dipartimento di Scienze Economiche "Marco Fanno".
    29. Doron Klunover & John Morgan, 2019. "A Model of Presidential Debates," Papers 1907.01362, arXiv.org, revised Feb 2020.
    30. Xie, Yinxi & Xie, Yang, 2017. "Machiavellian experimentation," Journal of Comparative Economics, Elsevier, vol. 45(4), pages 685-711.
    31. Martin Gregor, 2014. "Receiver's access fee for a single sender," Working Papers IES 2014/17, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised May 2014.
    32. Kolb, Aaron M., 2015. "Optimal entry timing," Journal of Economic Theory, Elsevier, vol. 157(C), pages 973-1000.
    33. Daniel Houser & Jian Song, 2021. "Costly Waiting in Dynamic Contests: Theory and Experiment," Working Papers 1082, George Mason University, Interdisciplinary Center for Economic Science.
    34. Arnaud Dellis & Mandar Oak, 2016. "Overlobbying and Pareto-improving Agenda Constraint," School of Economics and Public Policy Working Papers 2016-05, University of Adelaide, School of Economics and Public Policy.

  2. Faruk Gul & Wolfgang Pesendorfer, 2006. "Partisan Politics and Aggregation Failure with Ignorant Voters," Levine's Working Paper Archive 122247000000000828, David K. Levine.

    Cited by:

    1. Stefan Krasa & Mattias Polborn, 2007. "Majority-efficiency and Competition-efficiency in a Binary Policy Model," CESifo Working Paper Series 1958, CESifo.
    2. Sourav Bhattacharya, 2006. "Preference Monotonicity and Information Aggregation in Elections," Working Paper 325, Department of Economics, University of Pittsburgh, revised Dec 2008.
    3. Canegrati, Emanuele, 2006. "Political Bad Reputation," MPRA Paper 1018, University Library of Munich, Germany.

  3. Faruk Gul & Wolfgang Pesendorfer, 2005. "The Case for Mindless Economics," Levine's Working Paper Archive 784828000000000581, David K. Levine.

    Cited by:

    1. John Ameriks & Andrew Caplin & Steven Laufer & Stijn Van Nieuwerburgh, 2007. "The Joy of Giving or Assisted Living? Using Strategic Surveys to Separate Bequest and Precautionary Motives," NBER Working Papers 13105, National Bureau of Economic Research, Inc.
    2. D. Wade Hands, 2014. "Paul Samuelson and Revealed Preference Theory," History of Political Economy, Duke University Press, vol. 46(1), pages 85-116, Spring.
    3. Harrison, Glenn W., 2008. "Neuroeconomics: A Critical Reconsideration," Economics and Philosophy, Cambridge University Press, vol. 24(3), pages 303-344, November.
    4. B. Douglas Bernheim, 2009. "Behavioral Welfare Economics," Journal of the European Economic Association, MIT Press, vol. 7(2-3), pages 267-319, 04-05.
    5. B. Douglas Bernheim, 2009. "On the Potential of Neuroeconomics: A Critical (but Hopeful) Appraisal," American Economic Journal: Microeconomics, American Economic Association, vol. 1(2), pages 1-41, August.
    6. Massimiliano Affinito & Ludovica Galotto & Francesco Privitera, 2024. "The case for mindful customer protection: a review and some thoughts on neuroeconomics and neurofinance," Questioni di Economia e Finanza (Occasional Papers) 888, Bank of Italy, Economic Research and International Relations Area.
    7. Vincent P. Crawford, 2006. "Look-ups as the Windows of the Strategic Soul: Studying Cognition via Information Search in Game Experiments," Levine's Bibliography 321307000000000517, UCLA Department of Economics.
    8. Stanton, Angela A., 2008. "Neuroeconomics: A Critique of 'Neuroeconomics: A Critical Reconsideration'," MPRA Paper 7928, University Library of Munich, Germany.
    9. Ariel Rubinstein & Yuval Salant, 2006. "Two Comments on the Principle of Revealed Preference," Levine's Bibliography 321307000000000272, UCLA Department of Economics.
    10. Dorothea Kübler, 2010. "Experimental Practices in Economics: Performativity and the Creation of Phenomena," CIG Working Papers SP II 2010-01, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
    11. Herrmann-Pillath, Carsten, 2008. "The naturalistic turn in economics: implications for the theory of finance," Frankfurt School - Working Paper Series 105, Frankfurt School of Finance and Management.
    12. David Lipka, 2014. "Do economists need virtues?," ICER Working Papers 06-2014, ICER - International Centre for Economic Research.
    13. John C. Driscoll & Steinar Holden, 2014. "Behavioral Economics and Macroeconomic Models," CESifo Working Paper Series 4785, CESifo.
    14. Carsten Krabbe Nielsen, 2009. "Rational Overconfidence and Social Security," Discussion Paper Series 0916, Institute of Economic Research, Korea University.
    15. Aldo Rustichini, 2009. "Is There a Method of Neuroeconomics?," American Economic Journal: Microeconomics, American Economic Association, vol. 1(2), pages 48-59, August.
    16. Ramzi Mabsout, 2014. "Bringing Ethics Back to Welfare Economics," Review of Social Economy, Taylor & Francis Journals, vol. 72(1), pages 1-27, March.
    17. Alec Smith & B. Douglas Bernheim & Colin Camerer & Antonio Rangel, 2013. "Neural Activity Reveals Preferences Without Choices," NBER Working Papers 19270, National Bureau of Economic Research, Inc.
    18. Eddie Dekel & Barton L. Lipman, 2009. "How (Not) to Do Decision Theory," Levine's Working Paper Archive 814577000000000339, David K. Levine.
    19. Sacha Bourgeois-Gironde, 2010. "Is neuroeconomics doomed by the reverse inference fallacy?," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 9(2), pages 229-249, December.
    20. Marco Fabbri & Michael Faure, 2018. "Toward a “constitution” for behavioral policy-making," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 65(3), pages 241-270, September.
    21. Andrew Caplin & Daniel Martin, 2015. "A Testable Theory of Imperfect Perception," PSE-Ecole d'économie de Paris (Postprint) halshs-01155313, HAL.
    22. J. Stoye, 2009. "Charles F. Manski, Identification for Prediction and Decision (Harvard University Press 2007)," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(5), pages 857-862.
    23. Ricardo J. Caballero & Arvind Krishnamurthy, 2008. "Collective Risk Management in a Flight to Quality Episode," Journal of Finance, American Finance Association, vol. 63(5), pages 2195-2230, October.
    24. Cary Frydman & Nicholas Barberis & Colin Camerer & Peter Bossaerts & Antonio Rangel, 2012. "Using Neural Data to Test a Theory of Investor Behavior: An Application to Realization Utility," NBER Working Papers 18562, National Bureau of Economic Research, Inc.
    25. Asheim, Geir B., 2007. "Procrastination, partial naivete, and behavioral welfare analysis," Memorandum 02/2007, Oslo University, Department of Economics.
    26. Marciano Siniscalchi, 2006. "Dynamic Choice Under Ambiguity," Discussion Papers 1430, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    27. Marco Gui & Luca Stanca, 2009. "Television Viewing, Satisfaction and Happiness: Facts and Fiction," Working Papers 167, University of Milano-Bicocca, Department of Economics, revised Jul 2009.
    28. Itzhak Gilboa & Andrew Postlewaite & David Schmeidler, 2004. "Rationality of Belief Or: Why Savage's axioms are neither necessary nor sufficient for rationality, Second Version," PIER Working Paper Archive 07-001, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 03 Jan 2007.
    29. Neil Stewart & Stian Reimers & Adam J. L. Harris, 2015. "On the Origin of Utility, Weighting, and Discounting Functions: How They Get Their Shapes and How to Change Their Shapes," Management Science, INFORMS, vol. 61(3), pages 687-705, March.
    30. Sebastian Silva-Leander & Suman Seth, 2017. "Revealed preferences with plural motives: axiomatic foundations of normative assessments in non-utilitarian welfare economics," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 48(3), pages 505-517, March.
    31. Boris Salazar, 2007. "Thomas C. Schelling: la paradoja de un economista errante," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 9(17), pages 131-152, July-Dece.
    32. Herrmann-Pillath, Carsten, 2008. "Neuroeconomics, naturalism and language," Frankfurt School - Working Paper Series 108, Frankfurt School of Finance and Management.
    33. Stolte, John Dr., 2021. "Culture, Cognition, and Social Exchange: A Classic Case Study of Social Negotiation Network Dynamics," EdArXiv 26k4j, Center for Open Science.

  4. David K Levine & Wolfgang Pesendorfer, 2005. "Evolution of Cooperation Through Imitation," Levine's Working Paper Archive 7630, David K. Levine.

    Cited by:

    1. Ding, Zhanwen & Shi, Guiping, 2009. "Cooperation in a dynamical adjustment of duopoly game with incomplete information," Chaos, Solitons & Fractals, Elsevier, vol. 42(2), pages 989-993.
    2. Levine, David K. & Modica, Salvatore, 2013. "Anti-Malthus: Conflict and the evolution of societies," Research in Economics, Elsevier, vol. 67(4), pages 289-306.
    3. García-Martínez, José A. & Vega-Redondo, Fernando, 2015. "Social cohesion and the evolution of altruism," Games and Economic Behavior, Elsevier, vol. 92(C), pages 74-105.
    4. P. Schimit & B. Santos & C. Soares, 2015. "The evolution of cooperation with different fitness functions using probabilistic cellular automata," Computational Management Science, Springer, vol. 12(1), pages 35-43, January.
    5. Herings, P.J.J. & Peeters, Ronald & Tenev, Anastas P., 2023. "Directed Reciprocity Subverts Altruism in Highly Adaptive Populations," Other publications TiSEM c547bbf9-1e82-44ce-94aa-f, Tilburg University, School of Economics and Management.
    6. Wärneryd, Karl, 2014. "Observable Strategies, Commitments, and Contracts," SSE Working Paper Series in Economics 2014:2, Stockholm School of Economics.
    7. Pedro Dal Bo & Guillaume R. Frochette, 2011. "The Evolution of Cooperation in Infinitely Repeated Games: Experimental Evidence," American Economic Review, American Economic Association, vol. 101(1), pages 411-429, February.
    8. Steinbacher, Matjaz, 2009. "Behavior of Investors on a Multi-Asset Market," MPRA Paper 15898, University Library of Munich, Germany.
    9. Bandiera, Oriana & Barankay, Iwan & Rasul, Imran, 2004. "Relative and Absolute Incentives: Evidence on Worker Productivity," CEPR Discussion Papers 4431, C.E.P.R. Discussion Papers.
    10. David K Levine & Balázs Szentes, 2006. "Can A Turing Player Identify Itself?," Levine's Working Paper Archive 618897000000001015, David K. Levine.
    11. Cartwright, Edward, 2003. "Imitation and the emergence of Nash equilibrium play in games with many players," Economic Research Papers 269568, University of Warwick - Department of Economics.
    12. Rossana Mastrandrea & Leonardo Boncinelli & Ennio Bilancini, 2023. "Coevolution of cognition and cooperation in structured populations under reinforcement learning," Papers 2306.11376, arXiv.org, revised Mar 2024.
    13. Ishii, Ryosuke, 2012. "Observable Actions," ビジネス創造センターディスカッション・ペーパー (Discussion papers of the Center for Business Creation) 10252/4776, Otaru University of Commerce.
    14. Tóbiás, Áron, 2023. "Rational Altruism," Journal of Economic Behavior & Organization, Elsevier, vol. 207(C), pages 50-80.
    15. Steinbacher, Matjaz, 2008. "Stochastic Processes in Finance and Behavioral Finance," MPRA Paper 13603, University Library of Munich, Germany.
    16. Edward Cartwright, 2004. "Learning to Play Approximate Nash Equilibria in Games with Many Players," Working Papers 2004.85, Fondazione Eni Enrico Mattei.
    17. Rivas, Javier, 2013. "Cooperation, imitation and partial rematching," Games and Economic Behavior, Elsevier, vol. 79(C), pages 148-162.
    18. Mengel, Friederike, 2014. "Learning by (limited) forward looking players," Journal of Economic Behavior & Organization, Elsevier, vol. 108(C), pages 59-77.
    19. Friederike Mengel, 2009. "Conformism and cooperation in a local interaction model," Journal of Evolutionary Economics, Springer, vol. 19(3), pages 397-415, June.
    20. Yanlu Guo & Gongli Luo & Guisheng Hou, 2021. "Research on the Evolution of the Express Packaging Recycling Strategy, Considering Government Subsidies and Synergy Benefits," IJERPH, MDPI, vol. 18(3), pages 1-25, January.
    21. Matthey, Astrid, 2010. "Imitation with intention and memory: An experiment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(5), pages 585-594, October.
    22. Juan I Block & David K Levine, 2012. "Codes of Conduct, Private Information and Repeated Games," Levine's Working Paper Archive 786969000000000480, David K. Levine.
    23. Juan I Block & David K Levine, 2016. "A Folk Theorem with Codes of Conduct," Levine's Working Paper Archive 786969000000001323, David K. Levine.
    24. Qianwen Wu & Qiangqiang Wang & Yongwu Dai, 2023. "Analysis of Strategy Selection in Third-Party Governance of Rural Environmental Pollution," Sustainability, MDPI, vol. 15(11), pages 1-19, May.
    25. Juan I. Block & David K. Levine, 2017. "A folk theorem with codes of conduct and communication," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 5(1), pages 9-19, April.
    26. David K Levine, 2018. "Imitation," Levine's Working Paper Archive 786969000000001441, David K. Levine.
    27. Hong, Lijun & Geng, Yini & Du, Chunpeng & Shen, Chen & Shi, Lei, 2021. "Average payoff-driven or imitation? A new evidence from evolutionary game theory in finite populations," Applied Mathematics and Computation, Elsevier, vol. 394(C).
    28. Giulio Cimini, 2017. "Evolutionary Network Games: Equilibria from Imitation and Best Response Dynamics," Complexity, Hindawi, vol. 2017, pages 1-14, August.
    29. Edward Cartwright, 2007. "Imitation, coordination and the emergence of Nash equilibrium," International Journal of Game Theory, Springer;Game Theory Society, vol. 36(1), pages 119-135, September.
    30. Schimit, P.H.T., 2016. "Evolutionary aspects of spatial Prisoner’s Dilemma in a population modeled by continuous probabilistic cellular automata and genetic algorithm," Applied Mathematics and Computation, Elsevier, vol. 290(C), pages 178-188.
    31. Herings, P. Jean-Jacques & Peeters, Ronald & Tenev, Anastas P. & Thuijsman, Frank, 2021. "Naïve imitation and partial cooperation in a local public goods model," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 162-185.
    32. He, Jialu & Wang, Jianwei & Yu, Fengyuan & Chen, Wei & Li, Bofan, 2022. "The slow but persistent self-improvement boosts group cooperation," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 604(C).
    33. Pedro Dal BÛ & Enrique R. Pujals, 2013. "The Evolutionary Robustness of Forgiveness and Cooperation," Working Papers 2013-5, Brown University, Department of Economics.
    34. David K Levine, 2022. "Phoenix From the Ashes: The Evolution of Mechanism Designers," Levine's Working Paper Archive 11694000000000141, David K. Levine.
    35. Drew Fudenberg & David K Levine, 2016. "Whither Game Theory?," Levine's Working Paper Archive 786969000000001307, David K. Levine.
    36. Dawid, Herbert, 2007. "Evolutionary game dynamics and the analysis of agent-based imitation models: The long run, the medium run and the importance of global analysis," Journal of Economic Dynamics and Control, Elsevier, vol. 31(6), pages 2108-2133, June.

  5. Faruk Gul & Wolfgang Pesendorfer, 2005. "The Canonical Type Space for Interdependent Preferences," NajEcon Working Paper Reviews 666156000000000635, www.najecon.org.

    Cited by:

    1. Kranz, Sebastian, 2010. "Moral norms in a partly compliant society," Games and Economic Behavior, Elsevier, vol. 68(1), pages 255-274, January.
    2. Chao, Matthew & Chapman, Jonathan, 2020. "Saving face through preference signaling and obligation avoidance," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 569-581.
    3. Fabio Maccheroni & Massimo Marinacci & Aldo Rustichini, 2012. "Social Decision Theory: Choosing within and between Groups," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(4), pages 1591-1636.
    4. Fehr, Ernst & Schmidt, Klaus M., 2005. "The Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 66, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    5. Ong, David, 2008. "Fishy Gifts: Bribing with Shame and Guilt," MPRA Paper 17019, University Library of Munich, Germany, revised 29 Aug 2009.
    6. David Levine, 2006. "EconomicDynamics Interviews David Levine on Experimental Economics," EconomicDynamics Newsletter, Review of Economic Dynamics, vol. 7(2), April.
    7. Charness, Gary & Dufwenberg, Martin, 2003. "Promises & Partnership," Research Papers in Economics 2003:3, Stockholm University, Department of Economics.
    8. Gul, Faruk & Pesendorfer, Wolfgang, 2016. "Interdependent preference models as a theory of intentions," Journal of Economic Theory, Elsevier, vol. 165(C), pages 179-208.
    9. Edmund H. Mantell, 2018. "An economic theory of altruism based on rankings in a stable social hierarchy," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 65(4), pages 421-447, December.

  6. Faruk Gul & Wolfgang Pesendorfer, 2003. "Self-control, revealed preference and consumption choice," Levine's Working Paper Archive 506439000000000362, David K. Levine.

    Cited by:

    1. Hamish Low & Agnes Kovacs, 2020. "Estimating Temptation and Commitment Over the Life-Cycle," Economics Series Working Papers 796, University of Oxford, Department of Economics.
    2. Tsvetanov, Tsvetan & Miceli, Thomas J. & Segerson, Kathleen, 2021. "Products liability with temptation bias," Journal of Economic Behavior & Organization, Elsevier, vol. 186(C), pages 76-93.
    3. Marcus Drometer, 2006. "Hyperbolic Discounting and Politics: The beneficial effects of bureaucrats," Working Papers 008, Bavarian Graduate Program in Economics (BGPE).
    4. Kevin X.D. Huang & Zheng Liu & John Qi Zhu, 2015. "Temptation and Self‐Control: Some Evidence and Applications," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(4), pages 581-615, June.
    5. ABEBE, Girum & TEKLE, Biruk & MANO, Yukichi & 真野, 裕吉, 2015. "Changing saving and investment behavior: the impact of financial literacy training and reminders on micro-businesses," Discussion paper series HIAS-E-15, Hitotsubashi Institute for Advanced Study, Hitotsubashi University.
    6. Kamei, Kenju, 2012. "Self-regulatory strength and dynamic optimal purchase," Economics Letters, Elsevier, vol. 115(3), pages 452-454.
    7. Hurst, Erik & Willen, Paul, 2007. "Social security and unsecured debt," Journal of Public Economics, Elsevier, vol. 91(7-8), pages 1273-1297, August.
    8. Sadoff, Sally & Samek, Anya, 2019. "Can interventions affect commitment demand? A field experiment on food choice," Journal of Economic Behavior & Organization, Elsevier, vol. 158(C), pages 90-109.
    9. Tsvetanov, Tsvetan & Segerson, Kathleen, 2013. "Re-evaluating the role of energy efficiency standards: A behavioral economics approach," Journal of Environmental Economics and Management, Elsevier, vol. 66(2), pages 347-363.
    10. David K. Backus & Bryan R. Routledge & Stanley E. Zin, 2005. "Exotic Preferences for Macroeconomists," NBER Chapters, in: NBER Macroeconomics Annual 2004, Volume 19, pages 319-414, National Bureau of Economic Research, Inc.
    11. Parsons, Christopher A. & Van Wesep, Edward D., 2013. "The timing of pay," Journal of Financial Economics, Elsevier, vol. 109(2), pages 373-397.
    12. Manuel Amador & Ivan Werning & George-Marios Angeletos, 2003. "Commitment Vs. Flexibility," NBER Working Papers 10151, National Bureau of Economic Research, Inc.
    13. John C. Driscoll & Steinar Holden, 2014. "Behavioral Economics and Macroeconomic Models," CESifo Working Paper Series 4785, CESifo.
    14. Huseynov, Samir & Palma, Marco A. & Ahmad, Ghufran, 2021. "Does the magnitude of relative calorie distance affect food consumption?," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 530-551.
    15. Werner, Katharina & Strulik, Holger, 2020. "Renewable Resource Use with Imperfect Self-Control," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224628, Verein für Socialpolitik / German Economic Association.
    16. Caliendo, Frank N. & Findley, T. Scott, 2019. "Commitment and welfare," Journal of Economic Behavior & Organization, Elsevier, vol. 159(C), pages 210-234.
    17. Strulik, Holger & Werner, Katharina, 2019. "Time-inconsistent health behavior and its impact on aging and longevity," University of Göttingen Working Papers in Economics 381, University of Goettingen, Department of Economics.
    18. Soohyung Lee, 2005. "The Effects of Temptation on the Optimal Provision of Education," Discussion Papers 05-030, Stanford Institute for Economic Policy Research.
    19. George Ainslie, 2012. "Pure hyperbolic discount curves predict “eyes open” self-control," Theory and Decision, Springer, vol. 73(1), pages 3-34, July.
    20. Elias L. Khalil, 2010. "Adam Smith’S Concept Of Self‐Command As A Solution To Dynamic Inconsistency And The Commitment Problem," Economic Inquiry, Western Economic Association International, vol. 48(1), pages 177-191, January.
    21. Reddy Sai Shiva & Kausik Gangopadhyay, 2018. "Temptation in purchasing decision: A Quasi Experiment to Validate the Set Betweenness axiom," Working papers 268, Indian Institute of Management Kozhikode.
    22. Gibbons, Brian & Paxton, Julia, 2015. "Youth and inexperience: Dynamic inconsistency among emerging adults," Economics Discussion Papers 2015-19, Kiel Institute for the World Economy (IfW Kiel).
    23. Fudenberg, Drew & Levine, David, 2006. "A Dual-Self Model of Impulse Control," Scholarly Articles 3196335, Harvard University Department of Economics.
    24. Minwook Kang, 2019. "Pareto-improving tax policies under hyperbolic discounting," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 26(3), pages 618-660, June.
    25. Khalil, Elias L., 2020. "The isomorphism hypothesis: The prisoner's dilemma as intertemporal allocation, and vice versa," Journal of Economic Behavior & Organization, Elsevier, vol. 176(C), pages 735-746.
    26. Makoto Nakajima, 2016. "Assessing Bankruptcy Reform in a Model with Temptation and Equilibrium Default," Working Papers 16-21, Federal Reserve Bank of Philadelphia.
    27. Sonin, Konstantin & Acemoglu, Daron & Egorov, Georgy, 2016. "Social Mobility and Stability of Democracy: Re-evaluating De Tocqueville," CEPR Discussion Papers 11209, C.E.P.R. Discussion Papers.
    28. Guo, Nick L. & Caliendo, Frank N., 2014. "Time-inconsistent preferences and time-inconsistent policies," Journal of Mathematical Economics, Elsevier, vol. 51(C), pages 102-108.
    29. Feigenbaum, James & Raei, Sepideh, 2023. "Lifecycle consumption and welfare with nonexponential discounting in continuous time," Journal of Mathematical Economics, Elsevier, vol. 107(C).
    30. Kang, Jingoo & Kang, Minwook, 2022. "Durable goods as commitment devices under quasi-hyperbolic discounting," Journal of Mathematical Economics, Elsevier, vol. 99(C).
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    1. Mihm, Maximilian & Ozbek, Kemal, 2019. "On the identification of changing tastes," Games and Economic Behavior, Elsevier, vol. 116(C), pages 203-216.
    2. Startz Richard & Tsang Kwok Ping, 2012. "Nonexponential Discounting: A Direct Test And Perhaps A New Puzzle," The B.E. Journal of Macroeconomics, De Gruyter, vol. 12(1), pages 1-35, November.
    3. Bishnu, Monisankar & Wang, Min, 2013. "Voting under temptation," Economics Letters, Elsevier, vol. 118(3), pages 419-423.
    4. Sebastian Vollmer & Juditha Wójcik, 2017. "The Long-term Consequences of the Global 1918 Influenza Pandemic: A Systematic Analysis of 117 IPUMS International Census Data Sets," CINCH Working Paper Series 1708, Universitaet Duisburg-Essen, Competent in Competition and Health.
    5. André Lapied & Thomas Rongiconi, 2013. "Ambiguity as a Source of Temptation: Modeling Unstable Beliefs," AMSE Working Papers 1316, Aix-Marseille School of Economics, France.
    6. Faruk Gul & Wolfgang Pesendorfer, 2005. "The Simple Theory of Temptation and Self-Control," Working Papers 2005-1, Princeton University. Economics Department..
    7. Tran, Chung, 2016. "Fiscal policy as a temptation control device: Savings subsidy and social security," Economic Modelling, Elsevier, vol. 55(C), pages 254-268.
    8. Laibson, David I., 1997. "Golden Eggs and Hyperbolic Discounting," Scholarly Articles 4481499, Harvard University Department of Economics.
    9. Kevin X.D. Huang & Zheng Liu & John Qi Zhu, 2015. "Temptation and Self‐Control: Some Evidence and Applications," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(4), pages 581-615, June.
    10. Chung Tran, 2014. "Temptation and Taxation with Elastic Labor," ANU Working Papers in Economics and Econometrics 2014-617, Australian National University, College of Business and Economics, School of Economics.
    11. Zhang Wei, 2012. "Endogenous Preferences and Dynamic Contract Design," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 12(1), pages 1-34, May.
    12. David S. Ahn & Ryota Iijima & Yves Le Yaouanq & Todd Sarver, 2017. "Behavioral Characterizations of Naivet� for Time-Inconsistent Preferences," Cowles Foundation Discussion Papers 2074, Cowles Foundation for Research in Economics, Yale University.
    13. Jawwad Noor, 2005. "Temptation, Welfare and Revealed Preference," Microeconomics 0509009, University Library of Munich, Germany.
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    16. João V. Ferreira & Nicolas Gravel, 2017. "Choice with Time," AMSE Working Papers 1729, Aix-Marseille School of Economics, France.
    17. Vanaja, Shiuli, 2021. "Are People Making Correct Choices? Drivers of Water Source Choices in Rural Jharkhand, India," 2021 Conference, August 17-31, 2021, Virtual 315156, International Association of Agricultural Economists.
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    21. Bodo Herzog, 2015. "Anchoring of expectations: The role of credible targets in a game experiment," Journal of Economic and Financial Studies (JEFS), LAR Center Press, vol. 3(6), pages 1-15, December.
    22. Boissonnet, Niels & Ghersengorin, Alexis & Gleyze, Simon, 2020. "Revealed Deliberate Preference Changes," MPRA Paper 101756, University Library of Munich, Germany.
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    24. Zarko Kalamov & Marco Runkel, 2020. "Present-Focused Preferences and Sin Goods Consumption at the Extensive and Intensive Margins," CESifo Working Paper Series 8237, CESifo.
    25. Alessandro Bucciol, 2006. "The Roles of Temptation and Social Security in Explaining Individual Behavior," "Marco Fanno" Working Papers 0032, Dipartimento di Scienze Economiche "Marco Fanno".
    26. Maria Arvaniti & Tomas Sjögren, 2020. "Temptation in Consumption and Optimal Redistributive Taxation," CER-ETH Economics working paper series 20/339, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    27. Jawwad Noor & Norio Takeoka, 2011. "Menu-Dependent Self-Control," Boston University - Department of Economics - Working Papers Series WP2011-041, Boston University - Department of Economics.
    28. Faruk Gul & Wolfgang Pesendorfer, 2003. "Self-control, revealed preference and consumption choice," Levine's Working Paper Archive 506439000000000362, David K. Levine.
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    33. Mohammad Jahanzeb Khan & Noel Harding, 2020. "Why is trait scepticism not consistently reflected in state scepticism? An exploratory study into the role of aesthetic engagement," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(4), pages 3743-3774, December.
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    49. David S. Ahn & Ryota Iijima & Todd Sarver, 2017. "Naivet� About Temptation and Self-Control: Foundations for Naive Quasi-Hyperbolic Discounting," Cowles Foundation Discussion Papers 2099R, Cowles Foundation for Research in Economics, Yale University, revised Feb 2018.
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    53. Felipe Zurita, 2009. "La Economía Financiera Frente a la Crisis," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 46(134), pages 183-195.
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    1. David Dillenberger & R. Vijay Krishna & Philipp Sadowski, 2020. "Subjective Information Choice Processes," PIER Working Paper Archive 20-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
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    3. Harrison, Glenn W., 2008. "Neuroeconomics: A Critical Reconsideration," Economics and Philosophy, Cambridge University Press, vol. 24(3), pages 303-344, November.
    4. McClellon, Morgan, 2016. "Confidence models of incomplete preferences," Mathematical Social Sciences, Elsevier, vol. 83(C), pages 30-34.
    5. Aguiar, Victor H. & Boccardi, Maria Jose & Dean, Mark, 2016. "Satisficing and stochastic choice," Journal of Economic Theory, Elsevier, vol. 166(C), pages 445-482.
    6. Dagsvik, John K., 2015. "Stochastic models for risky choices: A comparison of different axiomatizations," Journal of Mathematical Economics, Elsevier, vol. 60(C), pages 81-88.
    7. Dino Borie, 2016. "Expected Multi-Utility Representations by "Simplex" with Applications," GREDEG Working Papers 2016-10, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    8. Karni, Edi & Safra, Zvi, 2016. "A theory of stochastic choice under uncertainty," Journal of Mathematical Economics, Elsevier, vol. 63(C), pages 164-173.
    9. Wei Ma, 2023. "Random dual expected utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(2), pages 293-315, February.
    10. Ismaël Rafaï & Sébastien Duchêne & Eric Guerci & Irina Basieva & Andrei Khrennikov, 2021. "The Triple-Store Experiment: A First Simultaneous Test of Classical and Quantum Probabilities in Choice over Menus," GREDEG Working Papers 2021-16, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
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    95. Andrew Ellis & Heidi Christina Thysen, 2021. "Subjective Causality in Choice," Papers 2106.05957, arXiv.org, revised Dec 2022.

  9. David K Levine & Wolfgang Pesendorfer, 2000. "Evolution Through Imitation in a Single Population," Levine's Working Paper Archive 2122, David K. Levine.

    Cited by:

    1. Levine, David K. & Pesendorfer, Wolfgang, 2007. "The evolution of cooperation through imitation," Games and Economic Behavior, Elsevier, vol. 58(2), pages 293-315, February.
    2. Cartwright, Edward, 2003. "Imitation and the emergence of Nash equilibrium play in games with many players," Economic Research Papers 269568, University of Warwick - Department of Economics.
    3. Schnedler, Wendelin, 2003. "Traits, Imitation, and Evolutionary Dynamics," IZA Discussion Papers 849, Institute of Labor Economics (IZA).
    4. Edward Cartwright, 2004. "Learning to Play Approximate Nash Equilibria in Games with Many Players," Working Papers 2004.85, Fondazione Eni Enrico Mattei.
    5. Vyrastekova, J., 2002. "Efficiency versus Risk Dominance in an Evolutionary Model with Cheap Talk," Other publications TiSEM 8af6c389-f8e1-429a-9841-6, Tilburg University, School of Economics and Management.

  10. Philip Johnson & David K. Levine & Wolfgang Pesendorfer, 2000. "Evolution and Information in a Gift Giving Game," Levine's Working Paper Archive 162, David K. Levine.

    Cited by:

    1. Levine, David K. & Pesendorfer, Wolfgang, 2007. "The evolution of cooperation through imitation," Games and Economic Behavior, Elsevier, vol. 58(2), pages 293-315, February.
    2. Luca Anderlini & Dino Gerardi & Roger Lagunoff, 2006. "A 'Super' Folk Theorem for Dynastic Repeated Games," Working Papers gueconwpa~06-06-01, Georgetown University, Department of Economics.
    3. Petros Sekeris & Jean-Philippe Platteau, 2010. "On the Feasibility of Power and Status Ranking in Traditional Setups," Post-Print halshs-00122421, HAL.
    4. Max Albert & Werner Güth & Erich Kirchler & Boris Maciejovsky, 2002. "Are we nice(r) to nice(r) people? - An Experimental Analysis," Papers on Strategic Interaction 2002-15, Max Planck Institute of Economics, Strategic Interaction Group.
    5. Luca Anderlini & Dino Gerardi & Roger Lagunoff, 2004. "The Folk Theorem in Dynastic Repeated Games," Game Theory and Information 0410001, University Library of Munich, Germany.
    6. Drew Fudenberg & David K. Levine, 2016. "Whither Game Theory? Towards a Theory of Learning in Games," Journal of Economic Perspectives, American Economic Association, vol. 30(4), pages 151-170, Fall.
    7. Pedro Dal Bo & Guillaume R. Frochette, 2011. "The Evolution of Cooperation in Infinitely Repeated Games: Experimental Evidence," American Economic Review, American Economic Association, vol. 101(1), pages 411-429, February.
    8. David K Levine & Wolfgang Pesendorfer, 2000. "Evolution Through Imitation in a Single Population," Levine's Working Paper Archive 2122, David K. Levine.
    9. Luca Anderlini & Dino Gerardi & Roger Lagunoff, 2007. "A `Super Folk Theorem' in Dynastic Repeated Games," Levine's Bibliography 321307000000000926, UCLA Department of Economics.
    10. David K Levine, 2024. "Behavioral Mechanism Design in the Repeated Prisoner's Dilemma," Levine's Working Paper Archive 11694000000000190, David K. Levine.
    11. Luca Anderlini & Dino Gerardi & Roger Lagunoff, 2007. "Social Memory and Evidence from the Past," Working Papers gueconwpa~07-07-01, Georgetown University, Department of Economics.
    12. Kevin Hasker, 2014. "The Emergent Seed: A Representation Theorem for Models of Stochastic Evolution and two formulas for Waiting Time," Levine's Working Paper Archive 786969000000000954, David K. Levine.
    13. Pedro Dal BÛ & Enrique R. Pujals, 2013. "The Evolutionary Robustness of Forgiveness and Cooperation," Working Papers 2013-5, Brown University, Department of Economics.
    14. David K Levine, 2023. "Efficiently Breaking the Folk Theorem by Reliably Communicating Long Term Commitments," Levine's Working Paper Archive 786969000000001832, David K. Levine.
    15. Joel Sobel, 2002. "Can We Trust Social Capital?," Journal of Economic Literature, American Economic Association, vol. 40(1), pages 139-154, March.
    16. Kevin Hasker, 2005. "Note: Using the Emergent Seed to Completely Characterize 'Evolution and Information in a Gift Giving Game'," Levine's Working Paper Archive 784828000000000142, David K. Levine.
    17. David K Levine, 2022. "Phoenix From the Ashes: The Evolution of Mechanism Designers," Levine's Working Paper Archive 11694000000000141, David K. Levine.

  11. W. Pesendorfer & F. Gul, 1999. "Temptation and Self-Control," Princeton Economic Theory Papers 99f1, Economics Department, Princeton University.

    Cited by:

    1. Nuria Badenes-Plá & Andrew M. Jones, 2003. "Addictive goods and taxes: A survey from an economic perspective," Hacienda Pública Española / Review of Public Economics, IEF, vol. 167(4), pages 123-153, December.
    2. Sofie Kragh Pedersen & Alexander K. Koch & Julia Nafziger, 2012. "Who wants paternalism?," Economics Working Papers 2012-22, Department of Economics and Business Economics, Aarhus University.
    3. Leonhard K. Lades & Liam Delaney, 2024. "Self-control failures, as judged by themselves," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-14, December.
    4. Isabelle Brocas & Juan D. Carrillo, 2005. "The Brain as a Hierarchical Organization," Levine's Bibliography 172782000000000073, UCLA Department of Economics.
    5. Gong, Liutang & Smith, William & Zou, Heng-fu, 2007. "Consumption and Risk with hyperbolic discounting," Economics Letters, Elsevier, vol. 96(2), pages 153-160, August.
    6. Xavier Giné & Jessica Goldberg & Dan Silverman & Dean Yang, 2012. "Revising Commitments: Field Evidence on the Adjustment of Prior Choices," NBER Working Papers 18065, National Bureau of Economic Research, Inc.
    7. Thunström, Linda & Nordström, Jonas & Shogren, Jason F., 2015. "Certainty and overconfidence in future preferences for food," Journal of Economic Psychology, Elsevier, vol. 51(C), pages 101-113.
    8. Andrés Perea, 2009. "A Model of Minimal Probabilistic Belief Revision," Theory and Decision, Springer, vol. 67(2), pages 163-222, August.
    9. Yusufcan Masatlioglu & Daisuke Nakajima & Emre Ozdenoren, 2019. "Contract Design with Costly Convex Self-Control," Papers 1907.07628, arXiv.org.
    10. Edoardo Gallo & Alastair Langtry, 2020. "Social networks, confirmation bias and shock elections," Papers 2011.00520, arXiv.org.
    11. Paola Manzini & Marco Mariotti, 2006. "Consumer Choice and Revealed Bounded Rationality," Working Papers 571, Queen Mary University of London, School of Economics and Finance.
    12. Balbus, Łukasz & Reffett, Kevin & Woźny, Łukasz, 2022. "Time-consistent equilibria in dynamic models with recursive payoffs and behavioral discounting," Journal of Economic Theory, Elsevier, vol. 204(C).
    13. Meier, Stephan & Sprenger, Charles, 2009. "Present-Biased Preferences and Credit Card Borrowing," IZA Discussion Papers 4198, Institute of Labor Economics (IZA).
    14. Eddie Dekel & Barton L. Lipman & Aldo Rustichini, 2005. "Temptation–Driven Preferences," Boston University - Department of Economics - Working Papers Series WP2005-005, Boston University - Department of Economics.
    15. Takao Asano & Akihisa Shibata, 2010. "Risk and Uncertainty in Health Investment," KIER Working Papers 696, Kyoto University, Institute of Economic Research.
    16. Mihm, Maximilian & Ozbek, Kemal, 2019. "On the identification of changing tastes," Games and Economic Behavior, Elsevier, vol. 116(C), pages 203-216.
    17. Boris Salazar & María del Pilar Castillo, 2003. "Rationality, preferences and irregular war," Colombian Economic Journal, Universidad Nacional de Colombia, FCE, CID, April.
      • Boris Salazar & Maria del Pilar Castillo, 2003. "Rationality, preferences and irregular war," Colombian Economic Journal, Academia Colombiana de Ciencias Economicas, Colegio Mayor de Nuestra Senora del Rosario, Pontificia Universidad Javeriana, Universidad de Antioquia, Universidad de los Andes, Universidad del Valle, Universidad Externado de Colombia, Universidad Nacional de Colombia, vol. 1(1), pages 15-33, December.
    18. B. Douglas Bernheim & Antonio Rangel, 2005. "Behavioral Public Economics: Welfare and Policy Analysis with Non-Standard Decision-Makers," NBER Working Papers 11518, National Bureau of Economic Research, Inc.
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    22. Becchetti, Leonardo & Solferino, Nazaria & Tessitore, M. Elisabetta, 2016. "A dynamic model of Gambling addiction with social costs: theory and policy solutions," MPRA Paper 70597, University Library of Munich, Germany.
    23. Brandts, J. & Riedl, A.M. & van Winden, F., 2005. "Competition and well-being," Research Memorandum 034, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
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    32. Andreas Fuster & Greg Kaplan & Basit Zafar, 2021. "What Would You Do with $500? Spending Responses to Gains, Losses, News, and Loans [The Spending and Debt Response to Minimum Wage Hikes]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(4), pages 1760-1795.
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    36. Upravitelev, A., 2023. "Neoclassical roots of behavioral economics," Journal of the New Economic Association, New Economic Association, vol. 58(1), pages 110-140.
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    39. Martin G. Kocher & Peter Martinsson & Kristian Ove R. Myrseth & Conny Wollbrant, 2012. "Strong, bold, and kind: Self-control and cooperation in social dilemmas," ESMT Research Working Papers ESMT-12-01 (R1), ESMT European School of Management and Technology, revised 28 Mar 2013.
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    41. Gregorio Curello & Ludvig Sinander, 2024. "The Preference Lattice," CRC TR 224 Discussion Paper Series crctr224_2024_563, University of Bonn and University of Mannheim, Germany.
    42. Hamish Low & Agnes Kovacs, 2020. "Estimating Temptation and Commitment Over the Life-Cycle," Economics Series Working Papers 796, University of Oxford, Department of Economics.
    43. Olivier Dagnelie & Philippe LeMay, 2005. "Rosca Participation in Benin : a Commitment Issue," Development and Comp Systems 0511026, University Library of Munich, Germany.
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    45. André Lapied & Thomas Rongiconi, 2013. "Ambiguity as a Source of Temptation: Modeling Unstable Beliefs," AMSE Working Papers 1316, Aix-Marseille School of Economics, France.
    46. Kopylov, Igor, 2016. "Canonical utility functions and continuous preference extensions," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 32-37.
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    48. Tsvetanov, Tsvetan & Miceli, Thomas J. & Segerson, Kathleen, 2021. "Products liability with temptation bias," Journal of Economic Behavior & Organization, Elsevier, vol. 186(C), pages 76-93.
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    50. Tran, Chung, 2016. "Fiscal policy as a temptation control device: Savings subsidy and social security," Economic Modelling, Elsevier, vol. 55(C), pages 254-268.
    51. Ariane Lambert-Mogiliansky & Schmuel Zamir & Hervé Zwirn, 2009. "Type indeterminacy - A Model of the KT(Khaneman Tversky)- Man," PSE-Ecole d'économie de Paris (Postprint) halshs-00754333, HAL.
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    1. Edi Karni, 2024. "Preventive-service fraud in credence good markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 78(2), pages 593-617, September.
    2. Loukas Balafoutas & Helena Fornwagner & Rudolf Kerschbamer & Matthias Sutter & Maryna Tverdostup, 2023. "Diagnostic Uncertainty and Insurance Coverage in Credence Goods Markets," ECONtribute Discussion Papers Series 257, University of Bonn and University of Cologne, Germany.
    3. Mimra, Wanda & Rasch, Alexander & Waibel, Christian, 2016. "Second opinions in markets for expert services: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 131(PB), pages 106-125.
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    5. David Bardey & Denis Gromb & David Martimort & Jerome Pouyet, 2016. "Drugs, Showrooms and Financial Products: Competition and Regulation when Sellers Provide Expert Advice," Documentos CEDE 15231, Universidad de los Andes, Facultad de Economía, CEDE.
    6. Helmut Bester & Matthias Dahm, 2018. "Credence Goods, Costly Diagnosis and Subjective Evaluation," Economic Journal, Royal Economic Society, vol. 128(611), pages 1367-1394, June.
    7. Chen, Yongmin & Li, Jianpei & Zhang, Jin, 2017. "Liability in Markets for Credence Goods," MPRA Paper 80206, University Library of Munich, Germany.
    8. Schneider, Tim & Meub, Lukas & Bizer, Kilian, 2021. "Consumer information in a market for expert services: Experimental evidence," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 94(C).
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    10. Cao, Yiran & Chen, Yongmin & Ding, Yucheng & Zhang, Tianle, 2022. "Search and competition in expert markets," MPRA Paper 122509, University Library of Munich, Germany, revised 27 Oct 2024.
    11. Alexander E. Saak, 2017. "The Value of Delegated Quality Control," Journal of Industrial Economics, Wiley Blackwell, vol. 65(2), pages 309-335, June.
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    13. Vincze, János, 2010. "Miért és mitől védjük a fogyasztókat?. Aszimmetrikus információ és/vagy korlátozott racionalitás [Asymmetric information and/or bounded rationality: why are consumers protected and from what?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 725-752.
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    17. Riccardo Calcagno & Maela Giofré & Maria Cesira Urzi-Brancati, 2017. "To trust is good, but to control is better : How investors discipline financial advisors’ activity," Post-Print hal-02312048, HAL.
    18. Saak, Alexander E., 2016. "Delegation of quality control in value chains:," IFPRI discussion papers 1526, International Food Policy Research Institute (IFPRI).
    19. Parampreet Christopher Bindra & Rudolf Kerschbamer & Daniel Neururer & Matthias Sutter, 2020. "Reveal it or conceal it: On the value of second opinions in a low-entry-barriers credence goods market," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2020_11, Max Planck Institute for Research on Collective Goods.
    20. Loukas Balafoutas & Rudolf Kerschbamer, 2020. "Credence goods in the literature: What the past fifteen years have taught us about fraud, incentives, and the role of institutions," Working Papers 2020-01, Faculty of Economics and Statistics, Universität Innsbruck.
    21. Dulleck, Uwe & Rudolf, Kerschbamer & Matthias, Sutter, 2009. "The Economics of Credence Goods: On the Role of Liability, Verifiability, Reputation and Competition," Working Papers in Economics 348, University of Gothenburg, Department of Economics.
    22. Lamar Pierce & Michael W. Toffel, 2013. "The Role of Organizational Scope and Governance in Strengthening Private Monitoring," Organization Science, INFORMS, vol. 24(5), pages 1558-1584, October.
    23. Saak, Alexander E., 2016. "The Value of Delegated Quality Control and Market Size with an Application to Kyrgyzstan Dairy," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235707, Agricultural and Applied Economics Association.
    24. Uwe Dulleck & Rudolf Kerschbamer, 2005. "Experts vs. discounters: consumer free riding and experts withholding advice in markets for credence goods," Economics working papers 2005-09, Department of Economics, Johannes Kepler University Linz, Austria.
    25. Martin Obradovits & Philipp Plaickner, 2020. "Searching for Treatment," Working Papers 2020-18, Faculty of Economics and Statistics, Universität Innsbruck.
    26. Jost, Peter-J. & Reik, Steffen & Ressi, Anna, 2021. "The information paradox in a monopolist’s credence goods market," International Journal of Industrial Organization, Elsevier, vol. 75(C).
    27. Alexander Erlei & Lukas Meub, 2024. "Technological Shocks and Algorithmic Decision Aids in Credence Goods Markets," Papers 2401.17929, arXiv.org, revised Apr 2024.
    28. Uwe Dulleck & Rudolf Kerschbamer, 2003. "Price Discrimination in Markets for Experts´ Services," Vienna Economics Papers vie0312, University of Vienna, Department of Economics.
    29. Balafoutas & Helena Fornwagner & Rudolf Kerschbamer & Matthias Sutter & Maryna Tverdostup, 2023. "Serving consumers in an uncertain world: A credence goods experiment," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2023_11, Max Planck Institute for Research on Collective Goods.
    30. Farukh, Razi & Kerkhof, Anna & Loebbing, Jonas, 2020. "Inefficiency and Regulation in Credence Goods Markets with Altruistic Experts," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224590, Verein für Socialpolitik / German Economic Association.
    31. Schneider, Tim & Bizer, Kilian, 2017. "Expert qualification in markets for expert services: A Sisyphean Task?," University of Göttingen Working Papers in Economics 323, University of Goettingen, Department of Economics.
    32. Fang Liu & Alexander Rasch & Marco A. Schwarz & Christian Waibel, 2020. "The role of diagnostic ability in markets for expert services," Working Papers 2020-07, Faculty of Economics and Statistics, Universität Innsbruck.
    33. David Bardey & Denis Gromb & David Martimort & Jérôme Pouyet, 2020. "Controlling Sellers Who Provide Advice: Regulation and Competition," Post-Print halshs-02973307, HAL.
    34. Dominik Erharter, 2012. "Credence goods markets, distributional preferences and the role of institutions," Working Papers 2012-11, Faculty of Economics and Statistics, Universität Innsbruck.
    35. Alexander Frankel & Michael Schwarz, 2014. "Experts And Their Records," Economic Inquiry, Western Economic Association International, vol. 52(1), pages 56-71, January.
    36. William Fuchs & Luis Garicano & Luis Rayo, 2014. "Optimal Contracting and the Organization of Knowledge," CEP Discussion Papers dp1308, Centre for Economic Performance, LSE.
    37. Gerlach, Heiko & Li, Junqian, 2022. "Experts, trust and competition," Journal of Economic Behavior & Organization, Elsevier, vol. 198(C), pages 552-578.
    38. Jost, Peter-J. & Reik, Steffen & Ressi, Anna, 2019. "Information in a Monopolist's Credence Good Market," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203555, Verein für Socialpolitik / German Economic Association.
    39. Yongmin Chen & Jianpei Li & Jin Zhang, 2022. "Efficient Liability In Expert Markets," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(4), pages 1717-1744, November.
    40. Patrick Bolton & Xavier Freixas & Joel Shapiro, 2004. "Conflicts of Interest, Information Provision and Competition in Banking," Working Papers 130, Barcelona School of Economics.
    41. Kris De Jaegher, 2019. "Strategic framing to influence clients’ risky decisions," Theory and Decision, Springer, vol. 86(3), pages 437-462, May.
    42. Laurens G. Debo & L. Beril Toktay & Luk N. Van Wassenhove, 2008. "Queuing for Expert Services," Management Science, INFORMS, vol. 54(8), pages 1497-1512, August.
    43. Uwe Dulleck & Jiong Gong & Jianpei Li, 2015. "Contracting for Infrastructure Projects as Credence Goods," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 17(3), pages 328-345, June.
    44. Hyndman, Kyle & Ozerturk, Saltuk, 2011. "Consumer information in a market for expert services," Journal of Economic Behavior & Organization, Elsevier, vol. 80(3), pages 628-640.
    45. Agarwal, Ritu & Liu, Che-Wei & Prasad, Kislaya, 2019. "Personal research, second opinions, and the diagnostic effort of experts," Journal of Economic Behavior & Organization, Elsevier, vol. 158(C), pages 44-61.
    46. Atayev, Atabek, 2022. "Uncertain product availability in search markets," Journal of Economic Theory, Elsevier, vol. 204(C).
    47. Atabek Atayev, 2021. "Uncertain Product Availability in Search Markets," Papers 2109.15211, arXiv.org.
    48. Ingela Alger & François Salanié, 2006. "A Theory of Fraud and Overtreatment in Experts Markets," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 15(4), pages 853-881, December.
    49. Joel Shapiro & Patrick Bolton & Xavier Freixas, 2004. "Conflicts of Interest and Credible Information Provision by Specialized and One-Stop Banks," Econometric Society 2004 North American Winter Meetings 132, Econometric Society.
    50. Raskovich, Alexander, 2007. "Retail buyer power through steering," Economics Letters, Elsevier, vol. 96(2), pages 221-225, August.
    51. Lamar Pierce & Michael W. Toffel, 2010. "The Role of Organizational Scope and Governance in Strengthening Private Monitoring," Harvard Business School Working Papers 11-004, Harvard Business School, revised Feb 2012.
    52. Razi Farukh & Anna Kerkhof & Jonas Loebbing, 2020. "Inefficiency and Regulation in Credence Goods Markets with Altruistic Experts," Working Paper Series in Economics 102, University of Cologne, Department of Economics.
    53. Bertrand Crettez & Régis Deloche & Marie‐Hélène Jeanneret‐Crettez, 2020. "A demand‐induced overtreatment model with heterogeneous experts," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(5), pages 1713-1733, September.
    54. Kerschbamer, Rudolf & Sutter, Matthias & Dulleck, Uwe, 2009. "The Impact of Distributional Preferences on (Experimental) Markets for Expert Services," IZA Discussion Papers 4647, Institute of Labor Economics (IZA).
    55. Eren Bilen & Deniz Dizdar & Chun‐Hui Miao, 2023. "Search less for a better price," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(2), pages 622-646, May.
    56. Xiaoxiao Hu & Haoran Lei, 2023. "Information transmission in monopolistic credence goods markets," Papers 2303.13295, arXiv.org, revised Apr 2023.
    57. Kerschbamer, Rudolf & Dulleck, Uwe, 2005. "Experts vs Discounters: Competition and Market Unravelling When Consumers Do Not Know What they Need," CEPR Discussion Papers 5242, C.E.P.R. Discussion Papers.
    58. In-Uck Park, 2000. "Cheap Talk Reputation and Coordination of Differentiated Experts," Econometric Society World Congress 2000 Contributed Papers 1680, Econometric Society.
    59. Ouyang, Yaofu, 2016. "Credence Goods, Risk Averse, and Optimal Insurance," MPRA Paper 70392, University Library of Munich, Germany.
    60. Atayev, Atabek, 2021. "Uncertain product availability in search markets," ZEW Discussion Papers 21-089, ZEW - Leibniz Centre for European Economic Research.
    61. Schneider, Tim & Bizer, Kilian, 2017. "Effects of qualification in expert markets with price competition and endogenous verifiability," University of Göttingen Working Papers in Economics 317, University of Goettingen, Department of Economics.
    62. Amy Pei & Dina Mayzlin, 2022. "Influencing Social Media Influencers Through Affiliation," Marketing Science, INFORMS, vol. 41(3), pages 593-615, May.
    63. Nathaniel G. Hilger, 2016. "Why Don't People Trust Experts?," Journal of Law and Economics, University of Chicago Press, vol. 59(2), pages 293-311.
    64. Schneider, Tim & Bizer, Kilian, 2017. "Building trust by qualification in a market for expert services," University of Göttingen Working Papers in Economics 309, University of Goettingen, Department of Economics.
    65. Bolton, Patrick & Freixas, Xavier & Shapiro, Joel, 2007. "Conflicts of interest, information provision, and competition in the financial services industry," Journal of Financial Economics, Elsevier, vol. 85(2), pages 297-330, August.
    66. Au, Pak Hung, 2019. "The loser's curse in the search for advice," Theoretical Economics, Econometric Society, vol. 14(3), July.
    67. Köhler, Wolfgang R., 2004. "Optimal Incentive Contracts for Experts," Bonn Econ Discussion Papers 6/2004, University of Bonn, Bonn Graduate School of Economics (BGSE).
    68. Andrew F. Daughety & Jennifer F. Reinganum, 2011. "Search, Bargaining, And Agency in the Market for Legal Services," Vanderbilt University Department of Economics Working Papers 1106, Vanderbilt University Department of Economics.
    69. Momsen, Katharina, 2021. "Recommendations in credence goods markets with horizontal product differentiation," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 19-38.
    70. Schneider, Tim & Meub, Lukas & Bizer, Kilian, 2016. "Consumer information in a market for expert services: Experimental evidence," University of Göttingen Working Papers in Economics 285, University of Goettingen, Department of Economics.
    71. Green, Ellen P. & Kloosterman, Andrew, 2022. "Agent sorting by incentive systems in mission firms: Implications for healthcare and other credence goods markets," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 408-429.
    72. Liu, Ting & Ma, Ching-to Albert, 2024. "Equilibrium information in credence goods," Games and Economic Behavior, Elsevier, vol. 145(C), pages 84-101.
    73. Bindra, Parampreet Christopher & Kerschbamer, Rudolf & Neururer, Daniel & Sutter, Matthias, 2021. "On the value of second opinions: A credence goods field experiment," Economics Letters, Elsevier, vol. 205(C).
    74. Uwe Dulleck & Rudolf Kerschbamer, 2005. "Price discrimination via the choice of distribution channels," Economics working papers 2005-08, Department of Economics, Johannes Kepler University Linz, Austria.

  14. Drew Fudenberg & David K. Levine & Wolfgang Pesendorfer, 1996. "When are Non-Anonymous Players Negligible," Levine's Working Paper Archive 180, David K. Levine.

    Cited by:

    1. David K Levine & Andrea Mattozzi & Salvatore Modica, 2019. "Trade Associations: Why Not Cartels?," Levine's Working Paper Archive 786969000000001489, David K. Levine.
    2. Marco Bassetto, 2000. "A Game-Theoretic View of the Fiscal Theory of the Price Level," Econometric Society World Congress 2000 Contributed Papers 1492, Econometric Society.
    3. Christopher Phelan & Marco Bassetto, 2004. "Tax Riots," 2004 Meeting Papers 375, Society for Economic Dynamics.
    4. Gabriele Camera & Marco Casari, 2007. "Cooperation among strangers: an experiment with indefinite interaction," Purdue University Economics Working Papers 1201, Purdue University, Department of Economics.
    5. Bodoh-Creed, Aaron, 2013. "Efficiency and information aggregation in large uniform-price auctions," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2436-2466.
    6. Alessandro Marchesiani, 2024. "The essentiality of money in a trading post economy with random matching," Oxford Economic Papers, Oxford University Press, vol. 76(3), pages 823-836.
    7. David K Levine & Salvatore Modica, 2013. "Peer Discipline and the Strength of Organizations," Levine's Bibliography 786969000000000713, UCLA Department of Economics.
    8. Al-Najjar, Nabil I. & Smorodinsky, Rann, 2000. "Pivotal Players and the Characterization of Influence," Journal of Economic Theory, Elsevier, vol. 92(2), pages 318-342, June.
    9. Eric J. Friedman* & Paul Resnick, 2001. "The Social Cost of Cheap Pseudonyms," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 10(2), pages 173-199, June.
    10. Aliprantis, C.D. & Camera, Gabriele & Puzzello, D., 2005. "Anonymous Markets and Monetary Trading," Purdue University Economics Working Papers 1179, Purdue University, Department of Economics.
    11. Bodoh-Creed, Aaron L. & Hickman, Brent R., 2018. "College assignment as a large contest," Journal of Economic Theory, Elsevier, vol. 175(C), pages 88-126.
    12. David K. Levine, 2021. "Fine cartels," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 9(2), pages 155-166, October.
    13. David K Levine, 2020. "Fine Cartels," Levine's Working Paper Archive 786969000000001554, David K. Levine.
    14. Nabil I. Al-Najjar & Rann Smorodinsky, 1998. "Large Non-Anonymous Repeated Games," Discussion Papers 1250, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    15. Rohan Dutta & David K Levine & Salvatore Modica, 2018. "Interventions when Social Norms are Endogenous: A Critique," Levine's Bibliography 786969000000001479, UCLA Department of Economics.
    16. Kalai, Ehud & Shmaya, Eran, 2018. "Large strategic dynamic interactions," Journal of Economic Theory, Elsevier, vol. 178(C), pages 59-81.
    17. Weintraub, Gabriel Y. & Benkard, C. Lanier & Van Roy, Benjamin, 2007. "Markov Perfect Industry Dynamics with Many Firms," Research Papers 1919r, Stanford University, Graduate School of Business.
    18. Alessandro Marchesiani, 2022. "The Essentiality of Money in a Trading Post Economy with Random Matching," Working Papers 202223, University of Liverpool, Department of Economics.
    19. Smorodinsky, Rann & Tennenholtz, Moshe, 2006. "Overcoming free riding in multi-party computations--The anonymous case," Games and Economic Behavior, Elsevier, vol. 55(2), pages 385-406, May.
    20. Rohan Dutta & David K. Levine & Salvatore Modica, 2021. "The whip and the Bible: Punishment versus internalization," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 23(5), pages 858-894, October.
    21. Al-Najjar, Nabil I. & Smorodinsky, Rann, 2007. "The efficiency of competitive mechanisms under private information," Journal of Economic Theory, Elsevier, vol. 137(1), pages 383-403, November.
    22. Drew Fudenberg & David K Levine, 2016. "Whither Game Theory?," Levine's Working Paper Archive 786969000000001307, David K. Levine.

  15. Marco Celentani & Drew Fudenberg & David K. Levine & Wolfgang Pesendorfer, 1996. "Maintaining a Reputation against a Patient Opponent," Levine's Working Paper Archive 2015, David K. Levine.

    Cited by:

    1. Jeffrey Ely & Drew Fudenberg & David K. Levine, 2002. "When is Reputation Bad?," Harvard Institute of Economic Research Working Papers 1962, Harvard - Institute of Economic Research.

  16. Wolfgang Pesendorfer & Jeroen M. Swinkels, 1996. "Efficiency and Information Aggregation in Auctions," Discussion Papers 1168, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Terrence August & Hyoduk Shin & Tunay I. Tunca, 2013. "Licensing and Competition for Services in Open Source Software," Information Systems Research, INFORMS, vol. 24(4), pages 1068-1086, December.
    2. Ángel Hernando Veciana & Michael Tröge, 2005. "The Insider'S Curse," Working Papers. Serie AD 2005-08, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    3. Galit Ashkenazi-Golan & Yevgeny Tsodikovich & Yannick Viossat, 2021. "I Want to Tell You? Maximizing Revenue in First-Price Two-Stage Auctions," Papers 2104.09942, arXiv.org.
    4. Mezzetti, Claudio & Tsetlin, Ilia, 2007. "On the Lowest-Winning-Bid and the Highest-Losing-Bid Auctions," Economic Research Papers 269781, University of Warwick - Department of Economics.
    5. García, Diego & Urošević, Branko, 2013. "Noise and aggregation of information in large markets," Journal of Financial Markets, Elsevier, vol. 16(3), pages 526-549.
    6. Tristan Gagnon-Bartsch & Marco Pagnozzi & Antonio Rosato, 2021. "Projection of Private Values in Auctions," American Economic Review, American Economic Association, vol. 111(10), pages 3256-3298, October.
    7. Ronald M. Harstad & Michael H. Rothkopf & Justin Jia, 2009. "Information Variability Impacts in Auctions," Working Papers 0908, Department of Economics, University of Missouri.
    8. Compte, Olivier, 2000. "On the Value of Competition in Procurement Auctions," Econometric Society World Congress 2000 Contributed Papers 0829, Econometric Society.
    9. Jacob K. Goeree & Theo Offerman, 1999. "Competitive Bidding in Auctions with Private and Common Values," Virginia Economics Online Papers 337, University of Virginia, Department of Economics.
    10. Richard Engelbrecht‐Wiggans & Charles M. Kahn, 2002. "Multiunit Auctions in Which Almost Every Bid Wins," Southern Economic Journal, John Wiley & Sons, vol. 68(3), pages 617-631, January.
    11. Terrence August & Hyoduk Shin & Tunay I. Tunca, 2018. "Generating Value Through Open Source: Software Service Market Regulation and Licensing Policy," Information Systems Research, INFORMS, vol. 29(1), pages 186-205, March.
    12. Hashimoto, Tadashi, 2018. "The generalized random priority mechanism with budgets," Journal of Economic Theory, Elsevier, vol. 177(C), pages 708-733.
    13. Dipjyoti Majumdar & Artyom Shneyerov & Huan Xie, 2016. "An optimistic search equilibrium," Review of Economic Design, Springer;Society for Economic Design, vol. 20(2), pages 89-114, June.
    14. Michael Peters & Sergei Severinov, 2008. "An ascending double auction," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 37(2), pages 281-306, November.
    15. Terrence August & Wei Chen & Kevin Zhu, 2021. "Competition Among Proprietary and Open-Source Software Firms: The Role of Licensing in Strategic Contribution," Management Science, INFORMS, vol. 67(5), pages 3041-3066, May.
    16. Han Hong & Harry J. Paarsch & Pai Xu, 2013. "On the asymptotic distribution of the transaction price in a clock model of a multi-unit, oral, ascending-price auction within the common-value paradigm," RAND Journal of Economics, RAND Corporation, vol. 44(4), pages 664-685, December.
    17. Beaudry, Paul & Gonzalez, Francisco M., 2003. "An equilibrium analysis of information aggregation and fluctuations in markets with discrete decisions," Journal of Economic Theory, Elsevier, vol. 113(1), pages 76-103, November.
    18. Braz Camargo & Kyungmin Kim & Benjamin Lester, 2016. "Information Spillovers, Gains from Trade, and Interventions in Frozen Markets," The Review of Financial Studies, Society for Financial Studies, vol. 29(5), pages 1291-1329.
    19. Jehiel, Philippe & moldovanu, benny, 2006. "Allocative and Informational Externalities in Auctions and Related Mechanisms," CEPR Discussion Papers 5558, C.E.P.R. Discussion Papers.
    20. Seres, Gyula, 2017. "Auction cartels and the absence of efficient communication," International Journal of Industrial Organization, Elsevier, vol. 52(C), pages 282-306.
    21. Andreas Lange & John List & Michael Price, 2010. "Auctions with Resale When Private Values Are Uncertain: Evidence from the Lab and Field," Artefactual Field Experiments 00474, The Field Experiments Website.
    22. Theo Offerman & Giorgia Romagnoli & Andreas Ziegler, 2020. "Why are open ascending auctions popular? The role of information aggregation and behavioral biases," Tinbergen Institute Discussion Papers 20-071/I, Tinbergen Institute.
    23. Dirk Bergemann & Xianwen Shi & Juuso Valimaki, 2008. "Information Acquisition in Interdependent Value Auctions," Working Papers tecipa-307, University of Toronto, Department of Economics.
    24. Richard McLean & Andrew Postlewaite, 2004. "Informational Size and Efficient Auctions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(3), pages 809-827.
    25. Jackson, Matthew O., 2005. "Non-Existence of Equilibrium in Vickrey, Second-Price, and English Auctions," Working Papers 1241, California Institute of Technology, Division of the Humanities and Social Sciences.
    26. Joachim R. Groeger, 2016. "The Informational Content of the Limit Order Book: An Empirical Study of Prediction Markets," Papers 1609.03471, arXiv.org.
    27. Lou, Youcheng & Rahi, Rohit, 2023. "Information, market power and welfare," LSE Research Online Documents on Economics 120479, London School of Economics and Political Science, LSE Library.
    28. Theo Offerman, 2002. "Efficiency in Auctions with Private and Common Values: An Experimental Study," American Economic Review, American Economic Association, vol. 92(3), pages 625-643, June.
    29. Yan Chen & Ming Jiang & Onur Kesten & Stéphane Robin & Min Zhu, 2017. "Matching in the Large: An Experimental Study," Working Papers halshs-01432941, HAL.
    30. Atakan, Alp Enver & Ekmekci, Mehmet, 2016. "Market Selection and the Information Content of Prices," MPRA Paper 75632, University Library of Munich, Germany.
    31. Mun Chuia & David Porter & Stephen Rassenti & Vernon Smith, 2011. "The Effect of Bidding Information in Ascending Auctions," Working Papers 11-13, Chapman University, Economic Science Institute.
    32. McAdams, David, 2002. "Bidding Lower with Higher Values in Multi-Object Auction," Working papers 4249-02, Massachusetts Institute of Technology (MIT), Sloan School of Management.
    33. Terrence August & Marius Florin Niculescu & Hyoduk Shin, 2014. "Cloud Implications on Software Network Structure and Security Risks," Information Systems Research, INFORMS, vol. 25(3), pages 489-510, September.
    34. Jeroen M. Swinkels & Wolfgang Pesendorfer, 2000. "Efficiency and Information Aggregation in Auctions," American Economic Review, American Economic Association, vol. 90(3), pages 499-525, June.
    35. Andrew Healy, 2009. "How effectively do people learn from a variety of different opinions?," Experimental Economics, Springer;Economic Science Association, vol. 12(4), pages 386-416, December.
    36. Cho, Sung-Jin & Paarsch, Harry J. & Rust, John, 2010. "Is the ’Linkage Principle’ Valid?: Evidence from the Field," CEI Working Paper Series 2010-4, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    37. Terrence August & Tunay I. Tunca, 2011. "Who Should Be Responsible for Software Security? A Comparative Analysis of Liability Policies in Network Environments," Management Science, INFORMS, vol. 57(5), pages 934-959, May.
    38. Heumann, Tibor, 2019. "An ascending auction with multi-dimensional signals," Journal of Economic Theory, Elsevier, vol. 184(C).
    39. Fuhito Kojima & Parag A. Pathak, 2009. "Incentives and Stability in Large Two-Sided Matching Markets," American Economic Review, American Economic Association, vol. 99(3), pages 608-627, June.
    40. In-Koo Cho, 2004. "Monotonicity and Rationalizability in Large Uniform Price and Double Auctions," Theory workshop papers 658612000000000076, UCLA Department of Economics.
    41. Alison Watts, 2024. "Auctioning off a Non-Rivalrous Good with Interference," Games, MDPI, vol. 15(4), pages 1-11, July.
    42. Tan, Xu, 2016. "Information revelation in auctions with common and private values," Games and Economic Behavior, Elsevier, vol. 97(C), pages 147-165.
    43. Terrence August & Duy Dao & Kihoon Kim, 2019. "Market Segmentation and Software Security: Pricing Patching Rights," Management Science, INFORMS, vol. 65(10), pages 4575-4597, October.
    44. Simon Stevenson & James Young, 2015. "The probability of sale and price premiums in withdrawn auctioned properties," Urban Studies, Urban Studies Journal Limited, vol. 52(2), pages 279-297, February.
    45. Tunca, Tunay I., 2008. "Information precision and asymptotic efficiency of industrial markets," Journal of Mathematical Economics, Elsevier, vol. 44(9-10), pages 964-996, September.
    46. Muendler, Marc-Andreas, 2007. "The possibility of informationally efficient markets," Journal of Economic Theory, Elsevier, vol. 133(1), pages 467-483, March.
    47. Xavier Vives, 2000. "Allocative and Productive Efficiency in REE with Asymetric Information," UFAE and IAE Working Papers 473.00, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
    48. Stephen Morris & Hyun Song Shin, 2006. "Endogenous Public Signals and Coordination," Levine's Bibliography 122247000000001309, UCLA Department of Economics.
    49. Curtis R. Taylor & Thomas D. Jeitschko, 2001. "Local Discouragement and Global Collapse: A Theory of Coordination Avalanches," American Economic Review, American Economic Association, vol. 91(1), pages 208-224, March.
    50. Lou, Youcheng & Rahi, Rohit, 2023. "Information, market power and welfare," Journal of Economic Theory, Elsevier, vol. 214(C).

  17. Timothy Feddersen & Wolfgang Pesendorfer, 1996. "Convicting the Innocent: The Inferiority of Unanimous Jury Verdicts," Discussion Papers 1170, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Dhammika Dharmapala & Thomas J. Miceli, 2012. "Search, Seizure and (False?) Arrest: An Analysis of Fourth Amendment Remedies when Police can Plant Evidence," Working papers 2012-37, University of Connecticut, Department of Economics.
    2. Christian List, 2002. "On the Significance of the Absolute Margin," Public Economics 0211004, University Library of Munich, Germany.
    3. Castanheira, Micael & Bouton, Laurent & Llorente-Saguer, Aniol, 2012. "Divided Majority and Information Aggregation: Theory and Experiment," CEPR Discussion Papers 9234, C.E.P.R. Discussion Papers.
    4. Gary Charness & Dan Levin, 2005. "The Origin of the Winner’s Curse: A Laboratory Study," Levine's Bibliography 666156000000000602, UCLA Department of Economics.
    5. Hao Li & Sherwin Rosen & Wing Suen, 1999. "Conflicts and Common Interests in Committees," NBER Working Papers 7158, National Bureau of Economic Research, Inc.
    6. Paul Klemperer, 2000. "Why Every Economist Should Learn Some Auction Theory," Microeconomics 0004009, University Library of Munich, Germany.
    7. Meirowitz, Adam, 2005. "Deliberative Democracy or Market Democracy: Designing Institutions to Aggregate Preferences and Information," Papers 03-28-2005, Princeton University, Research Program in Political Economy.
    8. Philip Bond & Hulya Eraslan, 2008. "Strategic Voting over Strategic Proposals," Economics Working Paper Archive 547, The Johns Hopkins University,Department of Economics.
    9. Laurent Bouto & Aniol Llorente-Saguer & Fédéric Malherbe, 2014. "Get Rid of Unanimity: The Superiority of Majority Rule with Veto Power," Working Papers 722, Queen Mary University of London, School of Economics and Finance.
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    11. Crawford, Vincent P. & Iriberri, Nagore, 2005. "Level-k Auctions: Can a Non-Equilibrium Model of Strategic Thinking Explain the Winner's Curse and Overbidding in Private-Value Auctions?," University of California at San Diego, Economics Working Paper Series qt12586197, Department of Economics, UC San Diego.
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    26. Pablo Amorós, 2006. "Eliciting Socially Optimal Rankings from Unfair Jurors," Economic Working Papers at Centro de Estudios Andaluces E2006/10, Centro de Estudios Andaluces.
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    30. Lupia, Arthur & Zharinova, Natasha & Levine, Adam Seth, 2007. "Should Political Scientists Use the Self-Confirming Equilibrium Concept? Explaining the Choices of Cognitively Limited Actors," MPRA Paper 1618, University Library of Munich, Germany.
    31. Caselli, Francesco & Morelli, Massimo & Moreno de Barreda, Inés & Cunningham, Tom, 2012. "Signalling, Incumbency Advantage, and Optimal Reelection Thresholds," CEPR Discussion Papers 8832, C.E.P.R. Discussion Papers.
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    35. Kameda, Tatsuya & Tsukasaki, Takafumi & Hastie, Reid & Berg, Nathan, 2010. "Democracy under uncertainty: The ‘wisdom of crowds’ and the free-rider problem in group decision making," MPRA Paper 26584, University Library of Munich, Germany.
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    44. Christian List, 2003. "What is special about the proportion? A research report on special majority voting and the classical Condorcet jury theorem," Public Economics 0304004, University Library of Munich, Germany.
    45. Asher Wolinsky, 1999. "Eliciting Information From Multiple Experts," Discussion Papers 1277, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    46. Kata Bognar & Lones Smith, 2004. "We Can't Argue Forever," CERS-IE WORKING PAPERS 0415, Institute of Economics, Centre for Economic and Regional Studies.
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      • Archishman Chakraborty & Rick Harbaugh, 2006. "Persuasion by Cheap Talk," Working Papers 2006-10, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy, revised Oct 2009.
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    Cited by:

    1. Valentino Larcinese, 2009. "Information Acquisition, Ideology and Turnout: Theory and Evidence From Britain," Journal of Theoretical Politics, , vol. 21(2), pages 237-276, April.
    2. Larcinese, Valentino, 2005. "Does political knowledge increase turnout? Evidence from the 1997 British general election," LSE Research Online Documents on Economics 3614, London School of Economics and Political Science, LSE Library.
    3. Gianmarco León, 2015. "Turnout, Political Preferences and Information: Experimental Evidence from Peru," Working Papers 691, Barcelona School of Economics.
    4. Daniel Houser & Sandra Ludwig & Thomas Stratmann, 2009. "Does Deceptive Advertising Reduce Political Participation? Theory and Evidence," Working Papers 1011, George Mason University, Interdisciplinary Center for Economic Science.
    5. Battaglini, Marco & Morton, Rebecca & Palfrey, Thomas R., 2006. "The Swing Voter’s Curse in the laboratory," Working Papers 1263, California Institute of Technology, Division of the Humanities and Social Sciences.
    6. Ryo Arawatari, 2007. "Informatization, Voter Turnout and Income Inequality," Discussion Papers in Economics and Business 07-28, Osaka University, Graduate School of Economics.
    7. Darren Grant & Michael Toma, 2008. "Elemental tests of the traditional rational voting model," Public Choice, Springer, vol. 137(1), pages 173-195, October.
    8. Michael Wallerstein, 2004. "Behavioral Economics and Political Economy," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 30, pages 37-48.
    9. Luís Aguiar-Conraria & Pedro C. Magalhães, 2008. "Referendum Design, Quorum Rules and Turnout," NIPE Working Papers 05/2008, NIPE - Universidade do Minho.
    10. Andreia Teixeira Marques Dionísio & Paulo Jorge Silveira Ferreira, 2008. "Voters’ dissatisfaction, abstention and entropy: analysis in European countries," CEFAGE-UE Working Papers 2008_11, University of Evora, CEFAGE-UE (Portugal).
    11. César Martinelli, 2002. "Simple plurality versus plurality runoff with privately informed voters," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 19(4), pages 901-919.
    12. Antonio Merlo, 2005. "Whither Political Economy? Theories, Facts and Issues," PIER Working Paper Archive 05-033, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Dec 2005.
    13. Panu Pelkonen, 2009. "Length of Compulsory Education and Voter Turnout - Evidence from a Staged Reform," CEE Discussion Papers 0108, Centre for the Economics of Education, LSE.
    14. Felix Oberholzer-Gee & Joel Waldfogel, 2009. "Media Markets and Localism: Does Local News en Español Boost Hispanic Voter Turnout?," American Economic Review, American Economic Association, vol. 99(5), pages 2120-2128, December.
    15. Monika Bütler & Michel André Maréchal, 2007. "Framing Effects in Political Decision Making: Evidence From a Natural Voting Experiment," University of St. Gallen Department of Economics working paper series 2007 2007-04, Department of Economics, University of St. Gallen.
    16. Sourav Bhattacharya, 2006. "Preference Monotonicity and Information Aggregation in Elections," Working Paper 325, Department of Economics, University of Pittsburgh, revised Dec 2008.
    17. Mike Felgenhauer & Hans Grüner, 2007. "Distortionary lobbying," Economics of Governance, Springer, vol. 8(3), pages 181-195, May.
    18. Katharina E. Hofer, 2013. "Does Female Suffrage Increase Public Support for Government Spending? Evidence from Swiss Ballots," CESifo Working Paper Series 4467, CESifo.
    19. Grüner, Hans Peter & Felgenhauer, Mike, 2003. "Committees and special interests," Working Paper Series 293, European Central Bank.
    20. Timothy J. Feddersen, 2004. "Rational Choice Theory and the Paradox of Not Voting," Journal of Economic Perspectives, American Economic Association, vol. 18(1), pages 99-112, Winter.
    21. Jaronicki, Katharina, 2013. "Does female suffrage increase public support for government spending? Evidence from Swiss ballots," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79921, Verein für Socialpolitik / German Economic Association.

  19. Timothy J. Feddersen & Wolfgang Pesendorfer, 1995. "The Swing Voter's Curse," Discussion Papers 1064, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

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    1. James Snyder & Claire Lim, 2012. "Elections and Government Accountability: Evidence from the U.S. State Courts," 2012 Meeting Papers 404, Society for Economic Dynamics.
    2. James A. Robinson & Ragnar Torvik, 2009. "The Real Swing Voter's Curse," American Economic Review, American Economic Association, vol. 99(2), pages 310-315, May.
    3. Valentino Larcinese, 2009. "Information Acquisition, Ideology and Turnout: Theory and Evidence From Britain," Journal of Theoretical Politics, , vol. 21(2), pages 237-276, April.
    4. Spenkuch, Jörg, 2013. "On the Extent of Strategic Voting," MPRA Paper 50198, University Library of Munich, Germany.
    5. Iván M. Durán, 2018. "Television and electoral results in Catalonia," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 9(4), pages 423-456, November.
    6. Christoph Vanberg, 2005. "“One Man, One Dollar”? Examining the equalization argument in support of campaign contribution limits," Public Economics 0512001, University Library of Munich, Germany.
    7. Castanheira, Micael & Bouton, Laurent & Llorente-Saguer, Aniol, 2012. "Divided Majority and Information Aggregation: Theory and Experiment," CEPR Discussion Papers 9234, C.E.P.R. Discussion Papers.
    8. Aleksander Berentsen & Esther Bruegger & Simon Loertscher, 2008. "Learning, public good provision, and the information trap," IEW - Working Papers 371, Institute for Empirical Research in Economics - University of Zurich.
    9. Julio J. Rotemberg, 2008. "Attitude-Dependent Altruism, Turnout and Voting," NBER Working Papers 14302, National Bureau of Economic Research, Inc.
    10. Radosław Piwowarski, 2015. "Swing voters distribution into the income groups in Poland in the years 2001-2011: Probabilistic voting model perspective," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 40.
    11. Micael Castanheira, "undated". "Why Vote for Losers?," Working Papers 125, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    12. Filipe Campante & Ruben Durante & Francesco Sobbrio, 2013. "Politics 2.0: the Multifaceted Effect of Broadband Internet on Political Participation," Working Papers hal-03460674, HAL.
    13. Daron Acemoglu & Munther A. Dahleh & Ilan Lobel & Asuman Ozdaglar, 2008. "Bayesian Learning in Social Networks," NBER Working Papers 14040, National Bureau of Economic Research, Inc.
    14. David Romer, 2003. "Misconceptions and Political Outcomes," Economic Journal, Royal Economic Society, vol. 113(484), pages 1-20, January.
    15. Pablo Amorós, 2009. "Picking the Winners," Working Papers 2009-2, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center.
    16. Degan, Arianna & Li, Ming, 2015. "Psychologically-based voting with uncertainty," European Journal of Political Economy, Elsevier, vol. 40(PB), pages 242-259.
    17. Larcinese, Valentino, 2005. "Does political knowledge increase turnout? Evidence from the 1997 British general election," LSE Research Online Documents on Economics 3614, London School of Economics and Political Science, LSE Library.
    18. Susan Christoffersen & Christopher C. Geczy & David K. Musto & Adam V. Reed, 2004. "How and Why do Investors Trade Votes, and What Does it Mean?," CIRANO Working Papers 2004s-23, CIRANO.
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    21. Paul Klemperer, 2000. "Why Every Economist Should Learn Some Auction Theory," Microeconomics 0004009, University Library of Munich, Germany.
    22. Yaron Azrieli, 2018. "The price of ‘one person, one vote’," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 50(2), pages 353-385, February.
    23. Stephen Coate, 2004. "Pareto-Improving Campaign Finance Policy," American Economic Review, American Economic Association, vol. 94(3), pages 628-655, June.
    24. Robbett, Andrea & Matthews, Peter Hans, 2018. "Partisan bias and expressive voting," Journal of Public Economics, Elsevier, vol. 157(C), pages 107-120.
    25. Arianna Degan & Antonio Merlo, 2007. "A Structural Model of Turnout and Voting in Multiple Elections, Fourth Version," PIER Working Paper Archive 07-025, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Aug 2007.
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    28. Gonzales Mariella & Gianmarco León-Ciliotta & Luis R. Martinez, 2018. "How effective are monetary incentives to vote? Evidence from a nationwide policy," Economics Working Papers 1667, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2019.
    29. Schmitz, Patrick W. & Tröger, Thomas, 2006. "Garbled Elections," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 195, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
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    32. Acharya, Avidit, 2016. "Information aggregation failure in a model of social mobility," Games and Economic Behavior, Elsevier, vol. 100(C), pages 257-272.
    33. Philip Bond & Hulya Eraslan, 2008. "Strategic Voting over Strategic Proposals," Economics Working Paper Archive 547, The Johns Hopkins University,Department of Economics.
    34. Kai A. Konrad, 2004. "Inverse Campaigning," Springer Books, in: Roger D. Congleton & Kai A. Konrad & Arye L. Hillman (ed.), 40 Years of Research on Rent Seeking 2, pages 347-360, Springer.
    35. Laurent Bouto & Aniol Llorente-Saguer & Fédéric Malherbe, 2014. "Get Rid of Unanimity: The Superiority of Majority Rule with Veto Power," Working Papers 722, Queen Mary University of London, School of Economics and Finance.
    36. Bhattacharya, Sourav & Duffy, John & Kim, Sun-Tak, 2014. "Compulsory versus voluntary voting: An experimental study," Games and Economic Behavior, Elsevier, vol. 84(C), pages 111-131.
    37. Folke, Olle & Persson, Torsten & Rickne, Johanna, 2014. "Preferential Voting, Accountability and Promotions into Political Power: Evidence from Sweden," Working Paper Series 1002, Research Institute of Industrial Economics.
    38. Beatrice Cherrier & Jean-Baptiste Fleury, 2017. "Economists’ interest in collective decision after World War II: a history," Post-Print hal-03472380, HAL.
    39. Rosar, Frank, 2015. "Continuous decisions by a committee: Median versus average mechanisms," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 15-65.
    40. Gianmarco León, 2015. "Turnout, Political Preferences and Information: Experimental Evidence from Peru," Working Papers 691, Barcelona School of Economics.
    41. Buechel, Berno & Mechtenberg, Lydia, 2015. "The Swing Voter's Curse in Social Networks," WiSo-HH Working Paper Series 29, University of Hamburg, Faculty of Business, Economics and Social Sciences, WISO Research Laboratory.
    42. Takanori Adachi & Yoichi Hizen, 2012. "Political Accountability, Electoral Control, and Media Bias," KIER Working Papers 811, Kyoto University, Institute of Economic Research.
    43. Alex Gershkov & Balazs Szentes, 2004. "Optimal Voting Schemes with Costly Information Acquisition," NajEcon Working Paper Reviews 122247000000000311, www.najecon.org.
    44. Crawford, Vincent P. & Iriberri, Nagore, 2005. "Level-k Auctions: Can a Non-Equilibrium Model of Strategic Thinking Explain the Winner's Curse and Overbidding in Private-Value Auctions?," University of California at San Diego, Economics Working Paper Series qt12586197, Department of Economics, UC San Diego.
    45. Daniel Houser & Sandra Ludwig & Thomas Stratmann, 2009. "Does Deceptive Advertising Reduce Political Participation? Theory and Evidence," Working Papers 1011, George Mason University, Interdisciplinary Center for Economic Science.
    46. Juan Carlos Berganza, 2000. "Politicians, voters and electoral processes: an overview," Investigaciones Economicas, Fundación SEPI, vol. 24(3), pages 501-543, September.
    47. Arianna Degan & Antonio Merlo, 2004. "A Structural Model of Turnout and Voting in Multiple Elections," PIER Working Paper Archive 06-021, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Aug 2006.
    48. Ming Li & Dipjyoti Majumdar, 2010. "A Psychologically Based Model of Voter Turnout," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 12(5), pages 979-1002, October.
    49. Dan Bernhardt & Stefan Krasa & Mattias Polborn, 2006. "Political Polarization and the Electoral Effects of Media Bias," CESifo Working Paper Series 1798, CESifo.
    50. Tsakas, Nikolas & Xefteris, Dimitrios, 2021. "Information aggregation with runoff voting," Journal of Economic Theory, Elsevier, vol. 191(C).
    51. Wit, Jorgen, 1999. "Social Learning in a Common Interest Voting Game," Games and Economic Behavior, Elsevier, vol. 26(1), pages 131-156, January.
    52. Dino Gerardi & Margaret A. McConnell & Julian Romero & Leeat Yariv, 2009. "Get Out the (Costly) Vote: Institutional Design for Greater Participation," Carlo Alberto Notebooks 121, Collegio Carlo Alberto.
    53. Jeffrey S. Rosenthal & Martin J. Osborne & Matthew A. Turner, 2000. "Meetings with Costly Participation," American Economic Review, American Economic Association, vol. 90(4), pages 927-943, September.
    54. Bruns, Christian & Himmler, Oliver, 2016. "Mass media, instrumental information, and electoral accountability," Journal of Public Economics, Elsevier, vol. 134(C), pages 75-84.
    55. Ernst Maug & Bilge Yilmaz, "undated". "Two-Class Voting: A Mechanism for Conflict Resolution?," Rodney L. White Center for Financial Research Working Papers 4-00, Wharton School Rodney L. White Center for Financial Research.
    56. Jennings, Colin, 2009. "The Good, the Bad and the Populist: A Model of Political Agency with Emotional Voters," SIRE Discussion Papers 2009-30, Scottish Institute for Research in Economics (SIRE).
    57. Irem Bozbay, 2015. "Truth-Tracking Judgment Aggregation Over Interconnected Issues," School of Economics Discussion Papers 0916, School of Economics, University of Surrey.
    58. Sobbrio, Francesco & Navarra, Pietro, 2009. "Electoral Participation and Communicative Voting in Europe," MPRA Paper 18311, University Library of Munich, Germany.
    59. Laurent Bouton & Aniol Llorente-Saguer & Frédéric Malherbe, 2016. "Unanimous Rules in the Laboratory," NBER Working Papers 21943, National Bureau of Economic Research, Inc.
    60. Alejandro Corvalan & Paulo Cox, 2014. "`Can I register to vote before I am 18?'Information Costs and Participation," Working Papers 60, Facultad de Economía y Empresa, Universidad Diego Portales.
    61. Ghosal, Sayantan & Lockwood, Ben, 2003. "Information Aggregation, Costly Voting And Common Values," The Warwick Economics Research Paper Series (TWERPS) 670, University of Warwick, Department of Economics.
    62. François Maniquet & Massimo Morelli, 2015. "Approval quorums dominate participation quorums," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 45(1), pages 1-27, June.
    63. Paolo Balduzzi, 2005. "Optimal use of scarce information: When partisan voters are socially useful," Working Papers 87, University of Milano-Bicocca, Department of Economics, revised Mar 2005.
    64. Battaglini, Marco & Morton, Rebecca & Palfrey, Thomas R., 2006. "The Swing Voter’s Curse in the laboratory," Working Papers 1263, California Institute of Technology, Division of the Humanities and Social Sciences.
    65. Perroni, Carlo & Scharf, Kimberley A., 2003. "Viable Tax Constitutions," Economic Research Papers 269567, University of Warwick - Department of Economics.
    66. Meriläinen, Jaakko, 2013. "Do Single-Party and Coalition Governments Differ in their Economic Outcomes? Evidence from Finnish Municipalities," Working Papers 51, VATT Institute for Economic Research.
    67. Mandler, Michael, 2012. "The fragility of information aggregation in large elections," Games and Economic Behavior, Elsevier, vol. 74(1), pages 257-268.
    68. Ryo Arawatari, 2007. "Informatization, Voter Turnout and Income Inequality," Discussion Papers in Economics and Business 07-28, Osaka University, Graduate School of Economics.
    69. Casey B. Mulligan & Charles G. Hunter, 2000. "The Empirical Frequency of a Pivotal Vote," Working Papers 0025, Harris School of Public Policy Studies, University of Chicago.
    70. Jørgen Juel Andersen & Jon H. Fiva & Gisle James Natvik, 2010. "Voting when the Stakes are High," CESifo Working Paper Series 3167, CESifo.
    71. Bilge Yilmaz, "undated". "Strategic Voting and Proxy Contests," Rodney L. White Center for Financial Research Working Papers 5-00, Wharton School Rodney L. White Center for Financial Research.
    72. Núñez, Matías & Pivato, Marcus, 2019. "Truth-revealing voting rules for large populations," Games and Economic Behavior, Elsevier, vol. 113(C), pages 285-305.
    73. Tajika, Tomoya, 2022. "Voting on tricky questions," Games and Economic Behavior, Elsevier, vol. 132(C), pages 380-389.
    74. Sang-Hyun Kim,, 2024. "Transitive delegation in social networks: Theory and experiment," European Journal of Political Economy, Elsevier, vol. 82(C).
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    236. Ernst Maug & Bilge Yilmaz, "undated". "Two-Class Voting: A Mechanism for Conflict Resolution?," Rodney L. White Center for Financial Research Working Papers 04-00, Wharton School Rodney L. White Center for Financial Research.
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    Cited by:

    1. David K Levine & Andrea Mattozzi & Salvatore Modica, 2019. "Trade Associations: Why Not Cartels?," Levine's Working Paper Archive 786969000000001489, David K. Levine.
    2. Ilya Segal, 1998. "Contracting with Externalities," Public Economics 9802002, University Library of Munich, Germany.
    3. Marco Bassetto, 2000. "A Game-Theoretic View of the Fiscal Theory of the Price Level," Econometric Society World Congress 2000 Contributed Papers 1492, Econometric Society.
    4. Finan, Frederico S. & Schechter, Laura, 2011. "Vote-Buying and Reciprocity," IZA Discussion Papers 5965, Institute of Labor Economics (IZA).
    5. Barlo, Mehmet & Carmona, Guilherme, 2011. "Strategic behavior in non-atomic games," MPRA Paper 35549, University Library of Munich, Germany.
    6. Pesendorfer, Wolfgang & Levine, David & Fudenberg, Drew, 1998. "When Are Nonanonymous Players Negligible?," Scholarly Articles 3203775, Harvard University Department of Economics.
    7. Christopher Phelan & Marco Bassetto, 2004. "Tax Riots," 2004 Meeting Papers 375, Society for Economic Dynamics.
    8. Levine, David & Mattozzi, Andrea & Modica, Salvatore, 2023. "Labor Associations: The Blue Wall of Silence," CEPR Discussion Papers 18155, C.E.P.R. Discussion Papers.
    9. Gabriele Camera & Marco Casari, 2007. "Cooperation among strangers: an experiment with indefinite interaction," Purdue University Economics Working Papers 1201, Purdue University, Department of Economics.
    10. Preston McAfee, 2003. "Capacity Choice Counters the Coase Conjecture," Theory workshop papers 505798000000000046, UCLA Department of Economics.
    11. Ioannis Karatzas & Martin Shubik & William D. Sudderth, 1995. "A Strategic Market Game with Secured Lending," Cowles Foundation Discussion Papers 1099, Cowles Foundation for Research in Economics, Yale University.
    12. Oliver Hart & John Moore, 1998. "Cooperatives vs. Outside Ownership," Edinburgh School of Economics Discussion Paper Series 114, Edinburgh School of Economics, University of Edinburgh.
    13. William R. Zame, 2022. "Asset Trading in Continuous Time: A Cautionary Tale," Papers 2207.03397, arXiv.org.
    14. Hamilton, Jonathan & Slutsky, Steven, 2017. "Judicial review and the power of the executive and legislative branches," Research in Economics, Elsevier, vol. 71(1), pages 67-85.
    15. Bilancini, Ennio & Boncinelli, Leonardo, 2016. "Dynamic adverse selection and the supply size," European Economic Review, Elsevier, vol. 83(C), pages 233-242.
    16. Alessandro Marchesiani, 2024. "The essentiality of money in a trading post economy with random matching," Oxford Economic Papers, Oxford University Press, vol. 76(3), pages 823-836.
    17. Shin, Hyun Song & Corsetti, Giancarlo & Dasgupta, Amil & Morris, Stephen, 2000. "Does One Soros Make a Difference? A Theory of Currency Crises with Large and Small Traders," CEPR Discussion Papers 2610, C.E.P.R. Discussion Papers.
    18. Hamilton, Jonathan & Slutsky, Steven, 2004. "Nonlinear price discrimination with a finite number of consumers and constrained recontracting," International Journal of Industrial Organization, Elsevier, vol. 22(6), pages 737-757, June.
    19. Aliprantis, C.D. & Camera, Gabriele & Puzzello, D., 2005. "Anonymous Markets and Monetary Trading," Purdue University Economics Working Papers 1179, Purdue University, Department of Economics.
    20. Robert Zeithammer, 2007. "—Optimal Selling in Dynamic Auctions: Adaptation Versus Commitment," Marketing Science, INFORMS, vol. 26(6), pages 859-867, 11-12.
    21. R. Cellini & L. Lambertini, 2004. "Time consistent fiscal policies in a Ramsey economy," Working Papers 522, Dipartimento Scienze Economiche, Universita' di Bologna.
    22. Gabriele Camera & Marco Casari, 2009. "Cooperation among Strangers under the Shadow of the Future," American Economic Review, American Economic Association, vol. 99(3), pages 979-1005, June.
    23. Kalai, Ehud & Shmaya, Eran, 2018. "Large strategic dynamic interactions," Journal of Economic Theory, Elsevier, vol. 178(C), pages 59-81.
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    25. Weintraub, Gabriel Y. & Benkard, C. Lanier & Van Roy, Benjamin, 2007. "Markov Perfect Industry Dynamics with Many Firms," Research Papers 1919r, Stanford University, Graduate School of Business.
    26. Timothy N. Cason & Tridib Sharma, 2001. "Durable Goods, Coasian Dynamics, and Uncertainty: Theory and Experiments," Journal of Political Economy, University of Chicago Press, vol. 109(6), pages 1311-1354, December.
    27. Alessandro Marchesiani, 2022. "The Essentiality of Money in a Trading Post Economy with Random Matching," Working Papers 202223, University of Liverpool, Department of Economics.
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    29. Hamid Sabourian, 2000. "Bargaining and Markets: Complexity and the Walrasian Outcome," Cowles Foundation Discussion Papers 1249, Cowles Foundation for Research in Economics, Yale University.
    30. Harish Guda & Milind Dawande & Ganesh Janakiraman, 2021. "“Seemingly‐Beneficial” Interventions," Production and Operations Management, Production and Operations Management Society, vol. 30(10), pages 3337-3353, October.
    31. Maria Bigoni & Gabriele Camera & Marco Casari, 2019. "Cooperation among strangers with and without a monetary system," Working Papers 19-01, Chapman University, Economic Science Institute.
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    34. Benjamin N. Roth & Ran I. Shorrer, 2021. "Making Marketplaces Safe: Dominant Individual Rationality and Applications to Market Design," Management Science, INFORMS, vol. 67(6), pages 3694-3713, June.
    35. Drew Fudenberg & David K Levine, 2016. "Whither Game Theory?," Levine's Working Paper Archive 786969000000001307, David K. Levine.

  21. Wolfgang Pesendorfer & Jeroen M. Swinkels, 1995. "The Loser's Curse and Information Aggregation in Common Value Auctions," Discussion Papers 1147, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

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    1. Yusuke Kamishiro & Roberto Serrano, 2009. "Equilibrium blocking in large quasilinear economies," Working Papers 2009-12, Instituto Madrileño de Estudios Avanzados (IMDEA) Ciencias Sociales.
    2. Majumdar, Dipjyoti & Shneyerov, Art & Xie, Huan, 2010. "How Optimism Leads to Price Discovery and Efficiency in a Dynamic Matching Market," Microeconomics.ca working papers artyom_shneyerov-2010-32, Vancouver School of Economics, revised 26 Oct 2010.
    3. Azrieli, Yaron & Levin, Dan, 2011. "Dominance-solvable common-value large auctions," Games and Economic Behavior, Elsevier, vol. 73(2), pages 301-309.
    4. Brendan Daley & Brett Green & Victoria Vanasco, 2016. "Designing securities for scrutiny," Economics Working Papers 1818, Department of Economics and Business, Universitat Pompeu Fabra, revised Nov 2021.
    5. Ángel Hernando Veciana & Michael Tröge, 2005. "The Insider'S Curse," Working Papers. Serie AD 2005-08, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    6. Jackson, Matthew O. & Kremer, Ilan, 2004. "On the informational inefficiency of discriminatory price auctions," Working Papers 1191, California Institute of Technology, Division of the Humanities and Social Sciences.
    7. Mezzetti, Claudio & Tsetlin, Ilia, 2007. "On the Lowest-Winning-Bid and the Highest-Losing-Bid Auctions," Economic Research Papers 269781, University of Warwick - Department of Economics.
    8. Wolfram Merzyn & Gabor Virag & Stephan Lauermann, 2010. "Aggregate uncertainty and learning in a search model," 2010 Meeting Papers 1235, Society for Economic Dynamics.
    9. Murto, Pauli & Välimäki, Juuso, 2013. "Delay and information aggregation in stopping games with private information," Journal of Economic Theory, Elsevier, vol. 148(6), pages 2404-2435.
    10. Hernando-Veciana, Ángel, 2009. "Information acquisition in auctions: Sealed bids vs. open bids," Games and Economic Behavior, Elsevier, vol. 65(2), pages 372-405, March.
    11. Duffie, Darrell & Malamud, Semyon & Manso, Gustavo, 2009. "The Relative Contributions of Private Information Sharing and Public Information Releases to Information Aggregation," Research Papers 2023, Stanford University, Graduate School of Business.
    12. García, Diego & Urošević, Branko, 2013. "Noise and aggregation of information in large markets," Journal of Financial Markets, Elsevier, vol. 16(3), pages 526-549.
    13. Zvika NEEMAN & Gerhard O. OROSEL, 1997. "Herding and the Winner's Curse in Markets with Sequential Bids," Vienna Economics Papers vie9711, University of Vienna, Department of Economics.
    14. Vladimir Asriyan & William Fuchs & Brett Green, 2017. "Aggregation and design of information in asset markets with adverse selection," Economics Working Papers 1573, Department of Economics and Business, Universitat Pompeu Fabra, revised Feb 2019.
    15. Mailath, G.J. & Samuelson, L., 1996. "How Proper Is Sequential Equilibrium?," Working papers 9611, Wisconsin Madison - Social Systems.
    16. Kyungmin Kim & Benjamin Lester & Braz Camargo, 2012. "Subsidizing Price Discovery," 2012 Meeting Papers 338, Society for Economic Dynamics.
    17. Vives, Xavier, 2011. "A large-market rational expectations equilibrium model," IESE Research Papers D/924, IESE Business School.
    18. Alp E. Atakan & Mehmet Ekmekci, 2014. "Auctions, Actions, and the Failure of Information Aggregation," American Economic Review, American Economic Association, vol. 104(7), pages 2014-2048, July.
    19. Haile,P.A., 1999. "Auctions with resale," Working papers 33, Wisconsin Madison - Social Systems.
    20. Michael Ostrovsky, 2012. "Information Aggregation in Dynamic Markets With Strategic Traders," Econometrica, Econometric Society, vol. 80(6), pages 2595-2647, November.
    21. Hashimoto, Tadashi, 2018. "The generalized random priority mechanism with budgets," Journal of Economic Theory, Elsevier, vol. 177(C), pages 708-733.
    22. Robert B. Wilson, 2021. "Strategic Analysis of Auctions," Econometrica, Econometric Society, vol. 89(2), pages 555-561, March.
    23. Dipjyoti Majumdar & Artyom Shneyerov & Huan Xie, 2016. "An optimistic search equilibrium," Review of Economic Design, Springer;Society for Economic Design, vol. 20(2), pages 89-114, June.
    24. Michael Peters & Sergei Severinov, 2008. "An ascending double auction," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 37(2), pages 281-306, November.
    25. Han Hong & Harry J. Paarsch & Pai Xu, 2013. "On the asymptotic distribution of the transaction price in a clock model of a multi-unit, oral, ascending-price auction within the common-value paradigm," RAND Journal of Economics, RAND Corporation, vol. 44(4), pages 664-685, December.
    26. Songzi Du, 2018. "Robust Mechanisms Under Common Valuation," Econometrica, Econometric Society, vol. 86(5), pages 1569-1588, September.
    27. Braz Camargo & Kyungmin Kim & Benjamin Lester, 2016. "Information Spillovers, Gains from Trade, and Interventions in Frozen Markets," The Review of Financial Studies, Society for Financial Studies, vol. 29(5), pages 1291-1329.
    28. Max R. Blouin & Roberto Serrano, 2001. "A Decentralized Market with Common Values Uncertainty: Non-Steady States," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 68(2), pages 323-346.
    29. Paulo Barelli & Sourav Bhattacharya & Lucas Siga, 2022. "Full Information Equivalence in Large Elections," Econometrica, Econometric Society, vol. 90(5), pages 2161-2185, September.
    30. Nicolas S. Lambert & Michael Ostrovsky & Mikhail Panov, 2014. "Strategic Trading in Informationally Complex Environments," NBER Working Papers 20516, National Bureau of Economic Research, Inc.
    31. Axelson, Ulf, 2005. "Security Design with Investor Private Information," SIFR Research Report Series 37, Institute for Financial Research.
    32. Diego García & Branko Urosevic, 2004. "Noise and aggregation of information in large markets," Economics Working Papers 785, Department of Economics and Business, Universitat Pompeu Fabra.
    33. Dirk Bergemann & Xianwen Shi & Juuso Valimaki, 2008. "Information Acquisition in Interdependent Value Auctions," Working Papers tecipa-307, University of Toronto, Department of Economics.
    34. Timothy Feddersen & Wolfgang Pesendorfer, 1997. "Voting Behavior and Information Aggregation in Elections with Private Information," Econometrica, Econometric Society, vol. 65(5), pages 1029-1058, September.
    35. Linzert, Tobias & Nautz, Dieter & Breitung, Jorg, 2006. "Bidder behavior in central bank repo auctions: Evidence from the Bundesbank," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 16(3), pages 215-230, July.
    36. Han Hong & Matthew Shum, 2002. "Rates of Information Aggregation in Common Value Auctions," Economics Working Paper Archive 436, The Johns Hopkins University,Department of Economics.
    37. Eric Maskin, 2004. "The Unity of Auction Theory: Paul Milgrom's Masterclass," Economics Working Papers 0044, Institute for Advanced Study, School of Social Science.
    38. Ilia Tsetlin & Aleksandar Pekeč, 2006. "On the existence of an increasing symmetric equilibrium in (k + 1)-st price common value auctions," Review of Economic Design, Springer;Society for Economic Design, vol. 10(1), pages 63-71, April.
    39. Lou, Youcheng & Parsa, Sahar & Ray, Debraj & Li, Duan & Wang, Shouyang, 2019. "Information aggregation in a financial market with general signal structure," Journal of Economic Theory, Elsevier, vol. 183(C), pages 594-624.
    40. Hernando-Veciana, Angel, 2004. "Successful uninformed bidding," Games and Economic Behavior, Elsevier, vol. 48(1), pages 29-53, July.
    41. Aleksandar Saša Pekev{c} & Ilia Tsetlin, 2008. "Revenue Ranking of Discriminatory and Uniform Auctions with an Unknown Number of Bidders," Management Science, INFORMS, vol. 54(9), pages 1610-1623, September.
    42. Eiichiro Kazumori, 2008. "A Strategic Theory of Markets," CARF F-Series CARF-F-143, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    43. Laurent Lamy, 2007. "Bidder Behavior in Multi-Unit Ascending Auctions : Evidence from Cross-Border Capacity Auctions," Working Papers 2007-27, Center for Research in Economics and Statistics.
    44. Yan Chen & Ming Jiang & Onur Kesten & Stéphane Robin & Min Zhu, 2017. "Matching in the Large: An Experimental Study," Working Papers halshs-01432941, HAL.
    45. Atakan, Alp Enver & Ekmekci, Mehmet, 2016. "Market Selection and the Information Content of Prices," MPRA Paper 75632, University Library of Munich, Germany.
    46. Vladimir Asriyan, 2017. "Information Aggregation in Dynamic Markets with Adverse Selection," 2017 Meeting Papers 988, Society for Economic Dynamics.
    47. Cesar Martinelli, 2000. "Convergence Results for Unanimous Voting," Working Papers 0005, Centro de Investigacion Economica, ITAM.
    48. Darrell Duffie & Semyon Malamud & Gustavo Manso, 2011. "Information Percolation in Segmented Markets," NBER Working Papers 17295, National Bureau of Economic Research, Inc.
    49. Murto, Pauli & Välimäki, Juuso, 2015. "Large common value auctions with risk averse bidders," Games and Economic Behavior, Elsevier, vol. 91(C), pages 60-74.
    50. Yin, Pai-Ling, 2007. "Empirical tests of information aggregation," International Journal of Industrial Organization, Elsevier, vol. 25(6), pages 1179-1189, December.
    51. In-Koo Cho, 2004. "Monotonicity and Rationalizability in Large Uniform Price and Double Auctions," Theory workshop papers 658612000000000076, UCLA Department of Economics.
    52. Charness, Gary & Levin, Dan & Schmeidler, David, 2019. "An experimental study of estimation and bidding in common-value auctions with public information," Journal of Economic Theory, Elsevier, vol. 179(C), pages 73-98.
    53. Shneyerov, Artyom & Wong, Adam C.L., 2020. "Price discovery in a matching and bargaining market with aggregate uncertainty," Games and Economic Behavior, Elsevier, vol. 124(C), pages 183-206.
    54. Benjamin Balzer & Antonio Rosato, 2021. "Expectations-Based Loss Aversion in Auctions with Interdependent Values: Extensive vs. Intensive Risk," Management Science, INFORMS, vol. 67(2), pages 1056-1074, February.
    55. Patrick Hummel, 2010. "Jury theorems with multiple alternatives," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 34(1), pages 65-103, January.
    56. Haile, Philip A., 2003. "Auctions with private uncertainty and resale opportunities," Journal of Economic Theory, Elsevier, vol. 108(1), pages 72-110, January.
    57. Goldreich, David, 2003. "Underpricing in Discriminatory and Uniform-Price Treasury Auctions," CEPR Discussion Papers 4105, C.E.P.R. Discussion Papers.
    58. Baruch, Shmuel & Glosten, Lawrence R., 2019. "Tail expectation and imperfect competition in limit order book markets," Journal of Economic Theory, Elsevier, vol. 183(C), pages 661-697.
    59. Jackson, Matthew O. & Kremer, Ilan, 2004. "The relationship between the allocation of goods and a seller's revenue," Journal of Mathematical Economics, Elsevier, vol. 40(3-4), pages 371-392, June.
    60. Tunca, Tunay I., 2008. "Information precision and asymptotic efficiency of industrial markets," Journal of Mathematical Economics, Elsevier, vol. 44(9-10), pages 964-996, September.
    61. Duffie, Darrell & Malamud, Semyon & Manso, Gustavo, 2015. "Reprint of: Information percolation in segmented markets," Journal of Economic Theory, Elsevier, vol. 158(PB), pages 838-869.
    62. Harstad, Ronald M. & Pekec, Aleksandar Sasa & Tsetlin, Ilia, 2008. "Information aggregation in auctions with an unknown number of bidders," Games and Economic Behavior, Elsevier, vol. 62(2), pages 476-508, March.
    63. Asen Ivanov & Dan Levin & Muriel Niederle, "undated". "Can Relaxation of Beliefs Rationalize the Winner’s Curse?: An Experimental Study," Working Papers 0803, VCU School of Business, Department of Economics.
    64. Joseph M. Ostroy & Louis Makowski, 2001. "Perfect Competition and the Creativity of the Market," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 479-535, June.
    65. Martin W. Cripps & Jeroen M. Swinkels, 2006. "Efficiency of Large Double Auctions," Econometrica, Econometric Society, vol. 74(1), pages 47-92, January.
    66. Ping Zhang, 2009. "Characterization of Pure Strategy Equilibria in Uniform Price IPO Auctions," Discussion Papers 2009-05, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    67. Au, Pak Hung, 2019. "The loser's curse in the search for advice," Theoretical Economics, Econometric Society, vol. 14(3), July.
    68. Bougt, Daniel & Ghosh, Gagan & Liu, Heng, 2023. "Identification of interdependent values in sequential first-price auctions," International Journal of Industrial Organization, Elsevier, vol. 91(C).
    69. Çolak, Gönül & Günay, Hikmet, 2011. "Strategic waiting in the IPO markets," Journal of Corporate Finance, Elsevier, vol. 17(3), pages 555-583, June.
    70. Murto, Pauli & Välimäki, Juuso, 2017. "Large all-pay auctions with IPV bidders," Journal of Economic Theory, Elsevier, vol. 169(C), pages 629-640.
    71. Gadi Fibich & Arieh Gavious, 2010. "Large auctions with risk-averse bidders," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(3), pages 359-390, July.

  22. Timothy Feddersen & Wolfgang Pesendorfer, 1994. "Voting Behavior and Information Aggregation in Elections with Private Information," Discussion Papers 1117, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Iván M. Durán, 2018. "Television and electoral results in Catalonia," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 9(4), pages 423-456, November.
    2. Castanheira, Micael & Bouton, Laurent & Llorente-Saguer, Aniol, 2012. "Divided Majority and Information Aggregation: Theory and Experiment," CEPR Discussion Papers 9234, C.E.P.R. Discussion Papers.
    3. David Dreyer Lassen, 2005. "The Effect of Information on Voter Turnout: Evidence from a Natural Experiment," American Journal of Political Science, John Wiley & Sons, vol. 49(1), pages 103-118, January.
    4. Micael Castanheira, "undated". "Why Vote for Losers?," Working Papers 125, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    5. Daron Acemoglu & Munther A. Dahleh & Ilan Lobel & Asuman Ozdaglar, 2008. "Bayesian Learning in Social Networks," NBER Working Papers 14040, National Bureau of Economic Research, Inc.
    6. Pablo Amorós, 2009. "Picking the Winners," Working Papers 2009-2, Universidad de Málaga, Department of Economic Theory, Málaga Economic Theory Research Center.
    7. John Morgan & Felix Várdy, 2012. "Mixed Motives and the Optimal Size of Voting Bodies," Journal of Political Economy, University of Chicago Press, vol. 120(5), pages 986-1026.
    8. Battaglini, Marco, 2005. "Sequential voting with abstention," Games and Economic Behavior, Elsevier, vol. 51(2), pages 445-463, May.
    9. Eliaz, Kfir & de Clippel, Geoffroy, 2012. "Premise-Based versus Outcome-Based Information Aggregation," CEPR Discussion Papers 8733, C.E.P.R. Discussion Papers.
    10. Sourav Bhattacharya & John Duffy & Sun-Tak Kim, 2011. "Compulsory and Voluntary Voting Mechanisms: An Experimental Study," Working Paper 456, Department of Economics, University of Pittsburgh, revised Mar 2013.
    11. Hao Li & Sherwin Rosen & Wing Suen, 1999. "Conflicts and Common Interests in Committees," NBER Working Papers 7158, National Bureau of Economic Research, Inc.
    12. Iaryczower, Matias & Lewis, Garrett & Shum, Matthew, 2013. "To elect or to appoint? Bias, information, and responsiveness of bureaucrats and politicians," Journal of Public Economics, Elsevier, vol. 97(C), pages 230-244.
    13. Robbett, Andrea & Matthews, Peter Hans, 2018. "Partisan bias and expressive voting," Journal of Public Economics, Elsevier, vol. 157(C), pages 107-120.
    14. Meirowitz, Adam, 2005. "Deliberative Democracy or Market Democracy: Designing Institutions to Aggregate Preferences and Information," Papers 03-28-2005, Princeton University, Research Program in Political Economy.
    15. Tilman Borgers & Angel Hernanco-Veciana & Daniel Krohmer, 2010. "When are Signals Complements or Substitutes," Discussion Papers 1488, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    16. Dewan, Torun & Myatt, David P., 2007. "Leading the Party: Coordination, Direction, and Communication," American Political Science Review, Cambridge University Press, vol. 101(4), pages 827-845, November.
    17. Acharya, Avidit, 2016. "Information aggregation failure in a model of social mobility," Games and Economic Behavior, Elsevier, vol. 100(C), pages 257-272.
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    Cited by:

    1. Bloise, Gaetano & Polemarchakis, Herakles & Vailakis, Yiannis, 2016. "Sovereign debt and incentives to default with uninsurable risks," Economic Research Papers 269718, University of Warwick - Department of Economics.
    2. Christian Hellwig & Guido Lorenzoni, 2009. "Bubbles and Self-Enforcing Debt," Econometrica, Econometric Society, vol. 77(4), pages 1137-1164, July.
    3. Harold L. Cole & Patrick J. Kehoe, 1996. "Reputation Spillover Across Relationships with Enduring and Transient Beliefs: Reviving reputation Models of Debt," NBER Working Papers 5486, National Bureau of Economic Research, Inc.
    4. Bloise, Gaetano & Polemarchakis, Herakles & Vailakis, Yiannis, 2018. "Sustainable Debt," The Warwick Economics Research Paper Series (TWERPS) 1178, University of Warwick, Department of Economics.
    5. Auclert, Adrien & Rognlie, Matthew, 2016. "Unique equilibrium in the Eaton–Gersovitz model of sovereign debt," Journal of Monetary Economics, Elsevier, vol. 84(C), pages 134-146.
    6. Harold L. Cole & Patrick J. Kehoe, 1997. "Models of sovereign debt: partial vs. general reputations," Working Papers 580, Federal Reserve Bank of Minneapolis.
    7. Rohan Pitchford & Mark L. J. Wright, 2013. "On the contribution of game theory to the study of sovereign debt and default," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 29(4), pages 649-667, WINTER.
    8. Harold L. Cole & Patrick J. Kehoe, 1996. "Reputation spillover across relationships: reviving reputation models of debt," Staff Report 209, Federal Reserve Bank of Minneapolis.

  25. Marco Celentani & Wolfgang Pesendorfer, 1992. "Reputation in Dynamic Games," Discussion Papers 1009, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

    Cited by:

    1. Chantal Marlats, 2021. "Reputation effects in stochastic games with two long-lived players," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 71(1), pages 1-31, February.
    2. David K. Levine & Wolfgang Pesendorfer, 1995. "When Are Agents Negligible?," Levine's Working Paper Archive 96, David K. Levine.
    3. Pesendorfer, Wolfgang & Levine, David & Fudenberg, Drew, 1998. "When Are Nonanonymous Players Negligible?," Scholarly Articles 3203775, Harvard University Department of Economics.
    4. Phelan, Christopher, 2006. "Public trust and government betrayal," Journal of Economic Theory, Elsevier, vol. 130(1), pages 27-43, September.
    5. Sorin, Sylvain, 1999. "Merging, Reputation, and Repeated Games with Incomplete Information," Games and Economic Behavior, Elsevier, vol. 29(1-2), pages 274-308, October.
    6. Lingfang (Ivy) Li, 2010. "Reputation, Trust, and Rebates: How Online Auction Markets Can Improve Their Feedback Mechanisms," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(2), pages 303-331, June.
    7. Marco Celentani & Drew Fudenberg & David K Levine & Wolfgang Pesendorfer, 2006. "Maintaining A Reputation Against A Patient Opponent," Levine's Working Paper Archive 699152000000000019, David K. Levine.
    8. Modesto, Leonor & Thomas, Jonathan P., 2000. "An Analysis of Labour Adjustment Costs in Unionized Economies," IZA Discussion Papers 225, Institute of Labor Economics (IZA).
    9. Peter J. Hammond & Yeneng Sun, 2000. "Joint Measurability and the One-way Fubini Property for a Continuum of Independent Random Variables," Working Papers 00008, Stanford University, Department of Economics.
    10. Harish Guda & Milind Dawande & Ganesh Janakiraman, 2021. "“Seemingly‐Beneficial” Interventions," Production and Operations Management, Production and Operations Management Society, vol. 30(10), pages 3337-3353, October.
    11. Melkonian, Tigran A., 1998. "Two essays on reputation effects in economic models," ISU General Staff Papers 1998010108000012873, Iowa State University, Department of Economics.
    12. Celentani, Marco, et al, 1996. "Maintaining a Reputation against a Long-Lived Opponent," Econometrica, Econometric Society, vol. 64(3), pages 691-704, May.

  26. Wolfgang Pesendorfer, 1991. "Financial Innovation in a General Equilibrium Model," UCLA Economics Working Papers 635, UCLA Department of Economics.

    Cited by:

    1. Michail Anthropelos & Constantinos Kardaras, 2014. "Equilibrium in risk-sharing games," Papers 1412.4208, arXiv.org, revised Jul 2016.
    2. Luigi Iovino, 2012. "Sophisticated Intermediation and Aggregate Volatility," 2012 Meeting Papers 965, Society for Economic Dynamics.
    3. Alberto Bisin & Piero Gottardi & Guido Ruta, 2010. "Equilibrium Corporate Finance," Economics Working Papers ECO2010/01, European University Institute.
    4. Bhagwan Chowdhry & Mark Grinblatt & David K Levine, 2001. "Information Aggregation, Currency Swaps, and the Design of Derivative Securities," Levine's Working Paper Archive 2106, David K. Levine.
    5. Bisin, Alberto; & Gottardi, Piero; & Ruta, Guido, 2014. "Equilibrium corporate finance and intermediation," Economics Working Papers ECO2014/09, European University Institute.
    6. Marta Faias, 2004. "General equilibrium and endogenous creation of asset markets," Nova SBE Working Paper Series wp454, Universidade Nova de Lisboa, Nova School of Business and Economics.
    7. Felipe S. Iachan & Plamen T. Nenov & Alp Simsek, 2015. "The Choice Channel of Financial Innovation," NBER Working Papers 21686, National Bureau of Economic Research, Inc.
    8. Kilenthong, Weerachart & Townsend, Robert, 2007. "Market Based, Segregated Exchanges with Default Risk," MPRA Paper 20724, University Library of Munich, Germany, revised 12 Nov 2009.
    9. Viral V. Acharya & Alberto Bisin, 2005. "Optimal Financial-Market Integration and Security Design," The Journal of Business, University of Chicago Press, vol. 78(6), pages 2397-2434, November.
    10. Marc Oliver Bettzuege & Thorsten Hens, "undated". "An Evolutionary Approach to Financial Innovation," IEW - Working Papers 035, Institute for Empirical Research in Economics - University of Zurich.
    11. Marta Faias, 2008. "Approximate equilibrium in pure strategies for a two-stage game of asset creation," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 31(2), pages 117-136, November.
    12. Eduardo Siandra, 2002. "The Economics of financial Matching," Documentos de Trabajo (working papers) 1002, Department of Economics - dECON.
    13. Horst, Ulrich & Pirvu, Traian A. & Dos Reis, Gonçalo, 2010. "On securitization, market completion and equilibrium risk transfer," SFB 649 Discussion Papers 2010-010, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    14. João Pinto & Mário Coutinho dos Santos, 2014. "Corporate Financing Choices after the 2007-2008 Financial Crisis," Working Papers de Economia (Economics Working Papers) 03, Católica Porto Business School, Universidade Católica Portuguesa.
    15. Alessro Citanna & Antonio Villanacci, "undated". "Financial Innovation and Expectations," Penn CARESS Working Papers ed722591a10ca6b7966bbee0c, Penn Economics Department.
    16. Marta Faias & Emma Moreno-García, 2010. "Incomplete financial markets and differential information," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 43(2), pages 189-206, May.
    17. Freebairn, John & Quiggin, John, 2005. "Water Rights for Variable Supplies," Risk and Sustainable Management Group Working Papers 149838, University of Queensland, School of Economics.
    18. Elul, Ronel, 1999. "Effectively complete equilibria--A note," Journal of Mathematical Economics, Elsevier, vol. 32(1), pages 113-119, August.
    19. Pradeep Dubey & John Geanakoplos & Martin Shubik, 2001. "Default and Punishment in General Equilibrium," Cowles Foundation Discussion Papers 1304, Cowles Foundation for Research in Economics, Yale University.
    20. Alberto Bisin & Gian Luca Clementi & Piero Gottardi, 2014. "Capital Structure and Hedging Demand with Incomplete Markets," NBER Working Papers 20345, National Bureau of Economic Research, Inc.
    21. Bhagwan Chowdhry & Mark Grinblatt & David Levine, 2002. "Information Aggregation, Security Design, and Currency Swaps," Journal of Political Economy, University of Chicago Press, vol. 110(3), pages 609-633, June.
    22. Zigrand, Jean-Pierre, 2004. "A general equilibrium analysis of strategic arbitrage," Journal of Mathematical Economics, Elsevier, vol. 40(8), pages 923-952, December.
    23. Faias, Marta & Moreno-Garcia, Emma & Pascoa, Mario Rui, 2002. "Real indeterminacy of equilibria and manipulability," Journal of Mathematical Economics, Elsevier, vol. 37(4), pages 325-340, July.
    24. Martin Schneider & Matthias Doepke, 2010. "On the Optimality of a Dominant Unit of Account," 2010 Meeting Papers 1234, Society for Economic Dynamics.
    25. Bisin, Alberto, 1998. "General Equilibrium with Endogenously Incomplete Financial Markets," Journal of Economic Theory, Elsevier, vol. 82(1), pages 19-45, September.
    26. Mark Grinblatt & Bhagwan Chowdhry & David Levine, 2002. "Information Aggregation, Security Design, and Currency Swaps," Yale School of Management Working Papers ysm38, Yale School of Management.
    27. Yves Balasko & Enrique Kawamura, 2013. "Is risk good for saving? Message from the general equilibrium model," Textos para discussão 615, Department of Economics PUC-Rio (Brazil).
    28. Kawamura, Enrique, 2004. "Investors's distrust and the marketing of new financial assets," The Quarterly Review of Economics and Finance, Elsevier, vol. 44(2), pages 265-295, May.
    29. V. Martins-da-Rocha & Yiannis Vailakis, 2010. "Financial markets with endogenous transaction costs," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 45(1), pages 65-97, October.
    30. Joel M. Vanden, 2016. "Optimal capital structures for private firms," Annals of Finance, Springer, vol. 12(2), pages 245-273, May.

  27. Faruk Gul & Wolfgang Pesendorfer & Tomasz Strzalecki, "undated". "Coarse Competitive Equilibrium and Extreme Prices," Working Paper 8365, Harvard University OpenScholar.

    Cited by:

    1. Cary D. Frydman & Salvatore Nunnari, 2021. "Coordination with Cognitive Noise," CESifo Working Paper Series 9483, CESifo.
    2. Sarah Auster & Jeremy Kettering & Asen Kochov, 2021. "Sequential Trading with Coarse Contingencies," ECONtribute Discussion Papers Series 052, University of Bonn and University of Cologne, Germany.
    3. Milo Bianchi & Philippe Jehiel, 2019. "Bundling, Belief Dispersion, and Mispricing in Financial Markets," PSE Working Papers halshs-02183306, HAL.
    4. Saponara, Nick, 2022. "Revealed reasoning," Journal of Economic Theory, Elsevier, vol. 199(C).
    5. Faruk Gul & Wolfgang Pesendorfer & Tomasz Strzalecki, "undated". "Coarse Competitive Equilibrium and Extreme Prices," Working Paper 8365, Harvard University OpenScholar.
    6. Lunn, Pete & Somerville, Jason J., 2015. "Surplus Identification with Non-Linear Returns," Papers WP522, Economic and Social Research Institute (ESRI).
    7. Burkovskaya, Anastasia & Li, Jian, 2020. "Comparative Profitability of Product Disclosure Statements," Working Papers 2020-01, University of Sydney, School of Economics.
    8. Mira Frick & Ryota Iijima & Yuhta Ishii, 2019. "Misinterpreting Others and the Fragility of Social Learning," Cowles Foundation Discussion Papers 2160R, Cowles Foundation for Research in Economics, Yale University, revised Mar 2020.
    9. Milo Bianchi & Philippe Jehiel, 2012. "Financial reporting and market e¢ ciency with extrapolative investors," Levine's Working Paper Archive 786969000000000451, David K. Levine.
    10. Xavier Gabaix, 2017. "Behavioral Inattention," NBER Working Papers 24096, National Bureau of Economic Research, Inc.
    11. Galanis, Spyros, 2018. "Financial complexity and trade," Games and Economic Behavior, Elsevier, vol. 112(C), pages 219-230.
    12. Milo Bianchi & Philippe Jehiel, 2020. "Bundlers Dilemmas in Financial Markets with Sampling Investors," Post-Print hal-02909219, HAL.
    13. Yuan Gu & Chao Hung Chan, 2024. "Complexity Aversion," Papers 2406.18463, arXiv.org.
    14. Teeple, Keisuke, 2023. "Surprise and default in general equilibrium," Theoretical Economics, Econometric Society, vol. 18(4), November.

Articles

  1. Gul, Faruk & Pesendorfer, Wolfgang, 2015. "Hurwicz expected utility and subjective sources," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 465-488.

    Cited by:

    1. Beißner, Patrick & Khan, M. Ali, 2019. "On Hurwicz–Nash equilibria of non-Bayesian games under incomplete information," Games and Economic Behavior, Elsevier, vol. 115(C), pages 470-490.
    2. Yiting Chen & Songfa Zhong, 2024. "Source Dependence in Effort Provision," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(3), pages 1499-1517, August.
    3. Madhav Chandrasekher & Mira Frick & Ryota Iijima & Yves Le Yaouanq, 2019. "Dual-self Representations of Ambiguity Preferences," Cowles Foundation Discussion Papers 2180R3, Cowles Foundation for Research in Economics, Yale University, revised Jun 2021.
    4. Mayumi Horie, 2016. "Bayesian Updating for Complementarily Additive Beliefs under Ambiguity," KIER Working Papers 935, Kyoto University, Institute of Economic Research.
    5. Baillon, Aurélien & Bleichrodt, Han & Li, Chen & Wakker, Peter P., 2021. "Belief hedges: Measuring ambiguity for all events and all models," Journal of Economic Theory, Elsevier, vol. 198(C).
    6. Piotr Dworczak & Alessandro Pavan, 2022. "Preparing for the Worst but Hoping for the Best: Robust (Bayesian) Persuasion," Econometrica, Econometric Society, vol. 90(5), pages 2017-2051, September.
    7. Lorenz Hartmann & David Kelsey, 2024. "Location Invariance and Games with Ambiguity," Discussion Papers 2024-05, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
    8. Mira Frick & Ryota Iijima & Yves Le Yaouanq, 2020. "Objective rationality foundations for (dynamic) alpha-MEU," Cowles Foundation Discussion Papers 2244, Cowles Foundation for Research in Economics, Yale University.
    9. Grant, Simon & Stauber, Ronald, 2022. "Delegation and ambiguity in correlated equilibrium," Games and Economic Behavior, Elsevier, vol. 132(C), pages 487-509.
    10. Frick, Mira & Iijima, Ryota & Le Yaouanq, Yves, 2020. "Objective Rationality Foundations for (Dynamic) α-MEU," Rationality and Competition Discussion Paper Series 252, CRC TRR 190 Rationality and Competition.
    11. Simon Grant & Patricia Rich & Jack Stecher, 2021. "Objective and subjective rationality and decisions with the best and worst case in mind," Theory and Decision, Springer, vol. 90(3), pages 309-320, May.
    12. Mira Frick & Ryota Iijima & Yves Le Yaouanq, 2019. "Boolean Representations of Preferences under Ambiguity," Cowles Foundation Discussion Papers 2180R, Cowles Foundation for Research in Economics, Yale University, revised Jul 2019.
    13. Wakker, Peter P. & Yang, Jingni, 2019. "A powerful tool for analyzing concave/convex utility and weighting functions," Journal of Economic Theory, Elsevier, vol. 181(C), pages 143-159.
    14. Müller, Julia & Li, Zhihua & Wakker, Peter P. & Wang, Tong V., 2016. "The Rich Domain of Ambiguity Explored," VfS Annual Conference 2016 (Augsburg): Demographic Change 145734, Verein für Socialpolitik / German Economic Association.
    15. 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.
    16. Peter Klibanoff & Sujoy Mukerji & Kyoungwon Seo & Lorenzo Staca, 2021. "Foundations of ambiguity models under symmetry: α-MEU and smooth ambiguity," Working Papers 922, Queen Mary University of London, School of Economics and Finance.
    17. Hartmann, Lorenz, 2023. "Strength of preference over complementary pairs axiomatizes alpha-MEU preferences," Journal of Economic Theory, Elsevier, vol. 213(C).
    18. Hill, Brian, 2023. "Beyond uncertainty aversion," Games and Economic Behavior, Elsevier, vol. 141(C), pages 196-222.
    19. Beissner, Patrick & Werner, Jan, 2023. "Optimal allocations with α-MaxMin utilities, Choquet expected utilities, and Prospect Theory," Theoretical Economics, Econometric Society, vol. 18(3), July.
    20. Wakker, Peter P. & Yang, Jingni, 2021. "Concave/convex weighting and utility functions for risk: A new light on classical theorems," Insurance: Mathematics and Economics, Elsevier, vol. 100(C), pages 429-435.
    21. Brian Hill, 2023. "Beyond Uncertainty Aversion," Post-Print hal-02428398, HAL.
    22. Han Bleichrodt & Simon Grant & Jingni Yang, 2023. "Testing Hurwicz Expected Utility," Econometrica, Econometric Society, vol. 91(4), pages 1393-1416, July.
    23. Abdellaoui, Mohammed & Wakker, Peter P., 2020. "Savage for dummies and experts," Journal of Economic Theory, Elsevier, vol. 186(C).

  2. Faruk Gul & Paulo Natenzon & Wolfgang Pesendorfer, 2014. "Random Choice as Behavioral Optimization," Econometrica, Econometric Society, vol. 82, pages 1873-1912, September.

    Cited by:

    1. Manzini, Paola & Mariotti, Marco & Ulku, Levent, 2015. "Stochastic Complementarity," SIRE Discussion Papers 2015-60, Scottish Institute for Research in Economics (SIRE).
    2. Lin, Yun Hui & Wang, Yuan & He, Dongdong & Lee, Loo Hay, 2020. "Last-mile delivery: Optimal locker location under multinomial logit choice model," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 142(C).
    3. Demirkan, Yusufcan & Kimya, Mert, 2020. "Hazard rate, stochastic choice and consideration sets," Journal of Mathematical Economics, Elsevier, vol. 87(C), pages 142-150.
    4. Aguiar, Victor H. & Boccardi, Maria Jose & Dean, Mark, 2016. "Satisficing and stochastic choice," Journal of Economic Theory, Elsevier, vol. 166(C), pages 445-482.
    5. Steverson, Kai & Brandenburger, Adam & Glimcher, Paul, 2019. "Choice-theoretic foundations of the divisive normalization model," Journal of Economic Behavior & Organization, Elsevier, vol. 164(C), pages 148-165.
    6. Mogens Fosgerau & Emerson Melo & André de Palma & Matthew Shum, 2017. "Discrete Choice and Rational Inattention: a General Equivalence Result," Discussion Papers 17-26, University of Copenhagen. Department of Economics.
    7. Dongwoo Lee & Hans Haller, 2022. "Selective attribute rules," Journal of Economics, Springer, vol. 137(3), pages 229-254, December.
    8. Echenique, Federico & Saito, Kota & Tserenjigmid, Gerelt, 2018. "The perception-adjusted Luce model," Mathematical Social Sciences, Elsevier, vol. 93(C), pages 67-76.
    9. Henke, Ilaria & Moyano, Amparo & Pagliara, Francesca, 2023. "Influence of high-speed rail on the decentralisation of events from big metropolitan areas to smaller intermediate cities," Socio-Economic Planning Sciences, Elsevier, vol. 85(C).
    10. Mira Frick & Ryota Iijima & Tomasz Strzalecki, 2017. "Dynamic Random Utility," Cowles Foundation Discussion Papers 2092, Cowles Foundation for Research in Economics, Yale University.
    11. Duffy, Sean & Gussman, Steven & Smith, John, 2021. "Visual judgments of length in the economics laboratory: Are there brains in stochastic choice?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 93(C).
    12. Yukalov, V.I., 2021. "A resolution of St. Petersburg paradox," Journal of Mathematical Economics, Elsevier, vol. 97(C).
    13. Victor H. Aguiar & Maria Jose Boccardi & Nail Kashaev & Jeongbin Kim, 2018. "Random Utility and Limited Consideration," Papers 1812.09619, arXiv.org, revised Jul 2022.
    14. Paola Manzini & Marco Mariotti, 2012. "Stochastic Choice and Consideration Sets," CEEL Working Papers 1205, Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia.
    15. Jose Apesteguia & Miguel Ángel Ballester, 2018. "Separating Predicted Randomness from Noise," Working Papers 1018, Barcelona School of Economics.
    16. Paola Manzini & Marco Mariotti, 2011. "A General Behavioural Model of Random Choice," Carlo Alberto Notebooks 237, Collegio Carlo Alberto.
    17. Ma, Wei, 2017. "Perturbed utility and general equilibrium analysis," Journal of Mathematical Economics, Elsevier, vol. 73(C), pages 122-131.
    18. Junnan He, 2021. "Bayesian Contextual Choices under Imperfect Perception of Attributes," Working Papers hal-03878378, HAL.
    19. Breitmoser, Yves, 2017. "Discrete Choice with Presentation Effects," Rationality and Competition Discussion Paper Series 35, CRC TRR 190 Rationality and Competition.
    20. Jose Apesteguia & Miguel Ángel Ballester, 2014. "A Measure of Rationality and Welfare," Working Papers 573, Barcelona School of Economics.
    21. Edi Karni, 2024. "Irresolute choice behavior," International Journal of Economic Theory, The International Society for Economic Theory, vol. 20(1), pages 70-87, March.
    22. Lambrecht, Marco, 2020. "Independence of alternatives in ranking models," Working Papers 0688, University of Heidelberg, Department of Economics.
    23. Wei Ma, 2017. "Perturbed Utility and General Equilibrium Analysis," Working Papers 201701, University of Pretoria, Department of Economics.
    24. Jose Apesteguia & Miguel A. Ballester, 2016. "Single-crossing random utility models," Economics Working Papers 1515, Department of Economics and Business, Universitat Pompeu Fabra.
    25. Jose P. Arrieta & Yash R. Shrestha, 2022. "On the strategic value of equifinal choice," Journal of Organization Design, Springer;Organizational Design Community, vol. 11(2), pages 37-45, June.
    26. Germano, Fabrizio & Sobbrio, Francesco, 2020. "Opinion dynamics via search engines (and other algorithmic gatekeepers)," Journal of Public Economics, Elsevier, vol. 187(C).
    27. Faro, José Heleno, 2023. "The Luce model with replicas," Journal of Economic Theory, Elsevier, vol. 208(C).
    28. Manzini, Paola & Mariotti, Marco, 2014. "Imperfect Attention and Menu Evaluation," SIRE Discussion Papers 2014-012, Scottish Institute for Research in Economics (SIRE).
    29. Manzini, Paola & Mariotti, Marco, 2018. "Dual random utility maximisation," Journal of Economic Theory, Elsevier, vol. 177(C), pages 162-182.
    30. Yosuke Hashidate, 2018. "Preferences for Randomization and Anticipated Utility," CIRJE F-Series CIRJE-F-1083, CIRJE, Faculty of Economics, University of Tokyo.
    31. Ubøe, Jan & Andersson, Jonas & Jörnsten, Kurt & Lillestøl, Jostein & Sandal, Leif, 2017. "Statistical testing of bounded rationality with applications to the newsvendor model," European Journal of Operational Research, Elsevier, vol. 259(1), pages 251-261.
    32. Jose Apesteguia & Miguel A. Ballester, 2016. "Stochastic representatitve agent," Economics Working Papers 1536, Department of Economics and Business, Universitat Pompeu Fabra.
    33. Roy Allen & John Rehbeck, 2023. "Revealed stochastic choice with attributes," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(1), pages 91-112, January.
    34. Alisdair McKay & Filip Matejka, 2011. "Rational Inattention to Discrete Choices: A New Foundation for the Multinomial Logit Model," 2011 Meeting Papers 535, Society for Economic Dynamics.
    35. King King Li & Kang Rong, 2023. "A Two-Step Guessing Game," Post-Print hal-04376266, HAL.
    36. Ke, Shaowei & Zhao, Chen, 2024. "From local utility to neural networks," Journal of Mathematical Economics, Elsevier, vol. 113(C).
    37. Cervellati, Matteo & Gulino, Giorgio & Roberti, Paolo, 2022. "Random Power to Parties and Policies in Coalition Governments," CEPR Discussion Papers 14906, C.E.P.R. Discussion Papers.
    38. Yves Breitmoser, 2021. "An axiomatic foundation of conditional logit," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(1), pages 245-261, July.
    39. Matias D. Cattaneo & Xinwei Ma & Yusufcan Masatlioglu & Elchin Suleymanov, 2020. "A Random Attention Model," Journal of Political Economy, University of Chicago Press, vol. 128(7), pages 2796-2836.
    40. V. I. Yukalov, 2021. "A Resolution of St. Petersburg Paradox," Papers 2111.14635, arXiv.org.
    41. Heydari, Pedram, 2024. "Regret, responsibility, and randomization: A theory of stochastic choice," Journal of Economic Theory, Elsevier, vol. 217(C).
    42. Chew, Soo Hong & Miao, Bin & Shen, Qiang & Zhong, Songfa, 2022. "Multiple-switching behavior in choice-list elicitation of risk preference," Journal of Economic Theory, Elsevier, vol. 204(C).
    43. Lin, Yun Hui & Wang, Yuan & Lee, Loo Hay & Chew, Ek Peng, 2022. "Omnichannel facility location and fulfillment optimization," Transportation Research Part B: Methodological, Elsevier, vol. 163(C), pages 187-209.
    44. Efe A. Ok & Gerelt Tserenjigmid, 2023. "Measuring Stochastic Rationality," Papers 2303.08202, arXiv.org, revised Dec 2023.
    45. Francesco Cerigioni & Simone Galperti, 2021. "Listing Specs: The Effect of Framing Attributes on Choice," Working Papers 1247, Barcelona School of Economics.
    46. Lin, Yunhui & Wang, Yuan & Lee, Loo Hay & Chew, Ek Peng, 2022. "Profit-maximizing parcel locker location problem under threshold Luce model," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 157(C).
    47. Junnan He, 2021. "Bayesian Contextual Choices under Imperfect Perception of Attributes," SciencePo Working papers Main hal-03878378, HAL.
    48. Ahn, David S. & Echenique, Federico & Saito, Kota, 2018. "On path independent stochastic choice," Theoretical Economics, Econometric Society, vol. 13(1), January.
    49. Yegane, Ece, 2022. "Stochastic choice with limited memory," Journal of Economic Theory, Elsevier, vol. 205(C).
    50. Matthew Kovach & Gerelt Tserenjigmid, 2021. "Behavioral Foundations of Nested Stochastic Choice and Nested Logit," Papers 2112.07155, arXiv.org, revised Feb 2022.
    51. Jose Apesteguia & Miguel Angel Ballester, 2014. "Discrete Choice Estimation of Time Preferences," Working Papers 787, Barcelona School of Economics.
    52. Pavlo R. Blavatskyy, 2024. "Debreu’s choice model," Theory and Decision, Springer, vol. 96(2), pages 297-310, March.
    53. Daniel E. Chavez & Marco A. Palma, 2019. "Pushing subjects beyond rationality with more alternatives in experimental auctions," Agricultural Economics, International Association of Agricultural Economists, vol. 50(2), pages 207-217, March.
    54. Breitmoser, Yves, 2018. "The Axiomatic Foundation of Logit," Rationality and Competition Discussion Paper Series 78, CRC TRR 190 Rationality and Competition.
    55. D. Pennesi, 2016. "Intertemporal discrete choice," Working Papers wp1061, Dipartimento Scienze Economiche, Universita' di Bologna.
    56. Bleile, Jörg, 2016. "Limited Attention in Case-Based Belief Formation," Center for Mathematical Economics Working Papers 518, Center for Mathematical Economics, Bielefeld University.
    57. Ayala Arad & Benjamin Bachi & Amnon Maltz, 2023. "On the relevance of irrelevant strategies," Experimental Economics, Springer;Economic Science Association, vol. 26(5), pages 1142-1184, November.
    58. Federico Echenique & Kota Saito, 2019. "General Luce model," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(4), pages 811-826, November.
    59. Doğan, Serhat & Yıldız, Kemal, 2021. "Odds supermodularity and the Luce rule," Games and Economic Behavior, Elsevier, vol. 126(C), pages 443-452.
    60. Clithero, John A., 2018. "Improving out-of-sample predictions using response times and a model of the decision process," Journal of Economic Behavior & Organization, Elsevier, vol. 148(C), pages 344-375.
    61. King King Li & Kang Rong, 2024. "A two-step guessing game," Theory and Decision, Springer, vol. 97(1), pages 89-108, August.
    62. Heydari, Pedram, 2021. "Luce arbitrates: Stochastic resolution of inner conflicts," Games and Economic Behavior, Elsevier, vol. 126(C), pages 33-74.

  3. Faruk Gul & Wolfgang Pesendorfer, 2014. "Expected Uncertain Utility Theory," Econometrica, Econometric Society, vol. 82(1), pages 1-39, January.

    Cited by:

    1. Beißner, Patrick & Khan, M. Ali, 2019. "On Hurwicz–Nash equilibria of non-Bayesian games under incomplete information," Games and Economic Behavior, Elsevier, vol. 115(C), pages 470-490.
    2. Simon Grant & John Quiggin, 2015. "A preference model for choice subject to surprise," Theory and Decision, Springer, vol. 79(2), pages 167-180, September.
    3. Ani Guerdjikova & John Quiggin, 2018. "Heuristic Modes of Decision Making and Survival in Financial Markets," Post-Print hal-02086078, HAL.
    4. Baillon, Aurélien & Bleichrodt, Han & Li, Chen & Wakker, Peter P., 2021. "Belief hedges: Measuring ambiguity for all events and all models," Journal of Economic Theory, Elsevier, vol. 198(C).
    5. Sujoy Mukerji & Ian Jewitt, 2017. "Ordering Ambiguous Acts," Working Papers 828, Queen Mary University of London, School of Economics and Finance.
    6. Wei Ma, 2023. "Random dual expected utility," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(2), pages 293-315, February.
    7. Sarah Auster & Jeremy Kettering & Asen Kochov, 2021. "Sequential Trading with Coarse Contingencies," ECONtribute Discussion Papers Series 052, University of Bonn and University of Cologne, Germany.
    8. Keiran Sharpe, 2023. "On the Ellsberg and Machina paradoxes," Theory and Decision, Springer, vol. 95(4), pages 539-573, November.
    9. Grant, Simon & Rich, Patricia & Stecher, Jack, 2022. "Bayes and Hurwicz without Bernoulli," Journal of Economic Theory, Elsevier, vol. 199(C).
    10. Henkel, Luca, 2024. "Experimental evidence on the relationship between perceived ambiguity and likelihood insensitivity," Games and Economic Behavior, Elsevier, vol. 145(C), pages 312-338.
    11. Epstein, Larry G. & Seo, Kyoungwon, 2015. "Exchangeable capacities, parameters and incomplete theories," Journal of Economic Theory, Elsevier, vol. 157(C), pages 879-917.
    12. Ying He, 2021. "Revisiting Ellsberg’s and Machina’s Paradoxes: A Two-Stage Evaluation Model Under Ambiguity," Management Science, INFORMS, vol. 67(11), pages 6897-6914, November.
    13. Ani Guerdjikova & John Quiggin, 2018. "Intertemporal Portfolio Choice with Incorrect Beliefs and Aversion to Surprise," Post-Print hal-02086151, HAL.
    14. Yi Shen & Zachary Van Oosten & Ruodu Wang, 2024. "Partial Law Invariance and Risk Measures," Papers 2401.17265, arXiv.org, revised Dec 2024.
    15. Valenzuela-Stookey, Quitzé, 2023. "Subjective complexity under uncertainty," Mathematical Social Sciences, Elsevier, vol. 126(C), pages 76-93.
    16. Kochov, Asen, 2018. "A behavioral definition of unforeseen contingencies," Journal of Economic Theory, Elsevier, vol. 175(C), pages 265-290.
    17. Grant, Simon & Kline, Jeff & Quiggin, John, 2012. "A Matter of Interpretation: Ambiguous Contracts and Liquidated Damages," Risk and Sustainable Management Group Working Papers 151204, University of Queensland, School of Economics.
    18. Gul, Faruk & Pesendorfer, Wolfgang, 2015. "Hurwicz expected utility and subjective sources," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 465-488.
    19. Panagiotis Christias & Ioannis N. Daliakopoulos & Thrassyvoulos Manios & Mariana Mocanu, 2020. "Comparison of Three Computational Approaches for Tree Crop Irrigation Decision Support," Mathematics, MDPI, vol. 8(5), pages 1-26, May.
    20. Rui Tang, 2020. "A Theory of Updating Ambiguous Information," Papers 2012.13650, arXiv.org.
    21. Daniel R. Burghart & Thomas Epper & Ernst Fehr, 2020. "The uncertainty triangle – Uncovering heterogeneity in attitudes towards uncertainty," Journal of Risk and Uncertainty, Springer, vol. 60(2), pages 125-156, April.
    22. Hiroaki Kaido & Yi Zhang, 2019. "Robust likelihood ratio tests for incomplete economic models," CeMMAP working papers CWP68/19, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
    23. Zaiwu Gong & Chao Xu & Francisco Chiclana & Xiaoxia Xu, 2017. "Consensus Measure with Multi-stage Fluctuation Utility Based on China’s Urban Demolition Negotiation," Group Decision and Negotiation, Springer, vol. 26(2), pages 379-407, March.
    24. Hill, Brian, 2023. "Beyond uncertainty aversion," Games and Economic Behavior, Elsevier, vol. 141(C), pages 196-222.
    25. Gul, Faruk & Pesendorfer, Wolfgang, 2020. "Calibrated uncertainty," Journal of Economic Theory, Elsevier, vol. 188(C).
    26. Adam Dominiak & Ani Guerdjikova, 2021. "Pessimism and optimism towards new discoveries," Theory and Decision, Springer, vol. 90(3), pages 321-370, May.
    27. Ralf Diedrich, 2024. "Combining Savage and Laplace: a new approach to ambiguity," Theory and Decision, Springer, vol. 97(3), pages 423-453, November.
    28. Borie, Dino, 2023. "Maxmin expected utility in Savage's framework," Journal of Economic Theory, Elsevier, vol. 210(C).
    29. He, Ying, 2024. "Recursive two-stage evaluation model for dynamic decision making under ambiguity," Journal of Mathematical Economics, Elsevier, vol. 113(C).
    30. Correia-da-Silva, João, 2015. "Generic non-existence of general equilibrium with EUU preferences under extreme ambiguity," Journal of Mathematical Economics, Elsevier, vol. 61(C), pages 185-191.
    31. Pintér, Miklós, 2022. "How to make ambiguous strategies," Journal of Economic Theory, Elsevier, vol. 202(C).
    32. Guo, Peijun, 2019. "Focus theory of choice and its application to resolving the St. Petersburg, Allais, and Ellsberg paradoxes and other anomalies," European Journal of Operational Research, Elsevier, vol. 276(3), pages 1034-1043.
    33. Brian Hill, 2023. "Beyond Uncertainty Aversion," Post-Print hal-02428398, HAL.
    34. Joao Correia-da-Silva, 2014. "Non-existence of general equilibrium with EUU preferences," FEP Working Papers 543, Universidade do Porto, Faculdade de Economia do Porto.
    35. Pavlo Blavatskyy, 2021. "A measure of ambiguity (Knightian uncertainty)," Theory and Decision, Springer, vol. 91(2), pages 153-171, September.
    36. Gruener, Sven, 2022. "The economic psychology of climate change: An experimental study on risk preferences and cooperation," OSF Preprints jq57n, Center for Open Science.
    37. Alexander Peysakhovich & Uma R. Karmarkar, 2016. "Asymmetric Effects of Favorable and Unfavorable Information on Decision Making Under Ambiguity," Management Science, INFORMS, vol. 62(8), pages 2163-2178, August.
    38. Peysakhovich, Alexander & Naecker, Jeffrey, 2017. "Using methods from machine learning to evaluate behavioral models of choice under risk and ambiguity," Journal of Economic Behavior & Organization, Elsevier, vol. 133(C), pages 373-384.
    39. Valenzuela-Stookey, Quitzé, 2023. "Subjective complexity under uncertainty," Department of Economics, Working Paper Series qt4mz932j6, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    40. Driouchi, Tarik & Trigeorgis, Lenos & So, Raymond H.Y., 2020. "Individual antecedents of real options appraisal: The role of national culture and ambiguity," European Journal of Operational Research, Elsevier, vol. 286(3), pages 1018-1032.
    41. Grechuk, Bogdan & Zabarankin, Michael, 2018. "Direct data-based decision making under uncertainty," European Journal of Operational Research, Elsevier, vol. 267(1), pages 200-211.

  4. Faruk Gul & Wolfgang Pesendorfer, 2012. "The War of Information," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(2), pages 707-734.
    • Gul, Faruk & Pesendorfer, Wolfgang, 2010. "The War of Information," Papers 9-13-2010, Princeton University, Research Program in Political Economy.
    See citations under working paper version above.
  5. Faruk Gul & Wolfgang Pesendorfer, 2010. "Strategic Redistricting," American Economic Review, American Economic Association, vol. 100(4), pages 1616-1641, September.

    Cited by:

    1. Bittó, Virág, 2017. "Az Imperiali és Macau politikai választókörzet-kiosztási módszerek empirikus vizsgálata [Empirical Analysis of the Imperiali and Macau Apportionment Methods]," MPRA Paper 79554, University Library of Munich, Germany.
    2. Hideo Konishi & Chen-Yu Pan, 2016. "Partisan and Bipartisan Gerrymandering," Boston College Working Papers in Economics 922, Boston College Department of Economics, revised 04 Aug 2018.
    3. Blesse, Sebastian & Baskaran, Thushyanthan, 2016. "Do municipal mergers reduce costs? Evidence from a German federal state," Regional Science and Urban Economics, Elsevier, vol. 59(C), pages 54-74.
    4. László Á. Kóczy & Balázs Sziklai & Péter Biró, 2013. "Fair Apportionment in the View of the Venice Commission's Recommendation," Working Paper Series 1302, Óbuda University, Keleti Faculty of Business and Management.
    5. Prato, Carlo & Wolton, Stephane, 2014. "Electoral Imbalances and their Consequences," MPRA Paper 68650, University Library of Munich, Germany, revised 26 Nov 2015.
    6. Justin Svec & James Hamilton, 2015. "Endogenous voting weights for elected representatives and redistricting," Constitutional Political Economy, Springer, vol. 26(4), pages 434-441, December.
    7. Francesco De Sinopoli & Leo Ferraris & Giovanna Iannantuoni, 2008. "Electing a Parliament," Working Papers 150, University of Milano-Bicocca, Department of Economics, revised Dec 2008.
    8. Andrei Gomberg & Romans Pancs & Tridib Sharma, 2024. "Padding and pruning: gerrymandering under turnout heterogeneity," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 63(2), pages 401-415, September.
    9. Tukiainen, Janne & Saarimaa, Tuukka & Hyytinen, Ari, 2013. "Seat competitiveness and redistricting: Evidence from voting on municipal mergers," Working Papers 38, VATT Institute for Economic Research.
    10. Puppe, Clemens & Tasnádi, Attila, 2011. "Axiomatic districting," Working Paper Series in Economics 24, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    11. John N. Friedman & Richard Holden, 2020. "Optimal Gerrymandering in a competitive environment," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 8(2), pages 347-367, October.
    12. Oskari Harjunen & Tuukka Saarimaa & Janne Tukiainen, 2021. "Love Thy (Elected) Neighbor? Residential Segregation, Political Representation and Local Public Goods," Discussion Papers 138, Aboa Centre for Economics.
    13. Hyytinen, Ari & Saarimaa, Tuukka & Tukiainen, Janne, 2014. "Electoral vulnerability and size of local governments: Evidence from voting on municipal mergers," Journal of Public Economics, Elsevier, vol. 120(C), pages 193-204.
    14. Kai Hao Yang & Alexander K. Zentefis, 2022. "Gerrymandering and the Limits of Representative Democracy," Cowles Foundation Discussion Papers 2328, Cowles Foundation for Research in Economics, Yale University.
    15. Bracco, Emanuele, 2013. "Optimal districting with endogenous party platforms," Journal of Public Economics, Elsevier, vol. 104(C), pages 1-13.
    16. SunAh An & Michael Anderson & Cary Deck, 2023. "Gerrymandering in the laboratory," Southern Economic Journal, John Wiley & Sons, vol. 90(1), pages 182-213, July.
    17. Kóczy Á., László & Biró, Péter & Sziklai, Balázs, 2012. "Választókörzetek igazságosan? [Fair apportionment of voting districts in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 1165-1186.
    18. De Santo, Alessia & Le Maux, Benoît, 2023. "On the optimal size of legislatures: An illustrated literature review," European Journal of Political Economy, Elsevier, vol. 77(C).
    19. Kukreja, Rolly, 2024. "Does representation affect trust in political institutions?: Evidence from redistricting in India," World Development, Elsevier, vol. 179(C).

  6. Gul, Faruk & Pesendorfer, Wolfgang, 2009. "Partisan politics and election failure with ignorant voters," Journal of Economic Theory, Elsevier, vol. 144(1), pages 146-174, January.

    Cited by:

    1. Benjamin Ogden, 2017. "The Imperfect Beliefs Voting Model," Working Papers ECARES ECARES 2017-20, ULB -- Universite Libre de Bruxelles.
    2. Acharya, Avidit, 2016. "Information aggregation failure in a model of social mobility," Games and Economic Behavior, Elsevier, vol. 100(C), pages 257-272.
    3. Li Hu & Anqi Li, 2018. "The Politics of Attention," Papers 1810.11449, arXiv.org, revised Jan 2019.
    4. Jo Thori Lind & Dominic Rohner, 2013. "Knowledge is power - A theory of information, income, and welfare spending," Cahiers de Recherches Economiques du Département d'économie 13.07, Université de Lausanne, Faculté des HEC, Département d’économie.
    5. Belguise, Margot, 2024. "Red Herrings : A Model of Attention-Hijacking by Politicians," CRETA Online Discussion Paper Series 86, Centre for Research in Economic Theory and its Applications CRETA.
    6. Prato, Carlo & Wolton, Stephane, 2022. "Wisdom of the crowd? Information aggregation in representative democracy," Games and Economic Behavior, Elsevier, vol. 135(C), pages 86-95.
    7. Salvatore Nunnari & Jan Zapal, 2017. "A Model of Focusing in Political Choice," Working Papers 599, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    8. Ekmekci, Mehmet & Lauermann, Stephan, 2022. "Information aggregation in Poisson-elections," Theoretical Economics, Econometric Society, vol. 17(1), January.
    9. Anja Prummer, 2016. "Spatial Advertisement in Political Campaigns," Working Papers 805, Queen Mary University of London, School of Economics and Finance.
    10. Krasa, Stefan & Polborn, Mattias K., 2012. "Political competition between differentiated candidates," Games and Economic Behavior, Elsevier, vol. 76(1), pages 249-271.
    11. Enriqueta Aragonès & Dimitrios Xefteris, 2013. "Imperfectly Informed Voters and Strategic Extremism," Working Papers 725, Barcelona School of Economics.
    12. Aytimur, Emre & Boukouras, Aris & Suen, Richard M. H., 2024. "How Does Political Uncertainty Affect the Optimal Degree of Policy Divergence?," MPRA Paper 122279, University Library of Munich, Germany.
    13. Faruk Gul & Wolfgang Pesendorfer, 2012. "Media and Policy," Working Papers 2012-2, Princeton University. Economics Department..
    14. Stefan Krasa & Mattias Polborn, 2014. "Policy Divergence and Voter Polarization in a Structural Model of Elections," Journal of Law and Economics, University of Chicago Press, vol. 57(1), pages 31-76.
    15. Krasa, Stefan & Polborn, Mattias, 2010. "The binary policy model," Journal of Economic Theory, Elsevier, vol. 145(2), pages 661-688, March.
    16. Svetlana Kosterina, 2023. "Information structures and information aggregation in threshold equilibria in elections," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(2), pages 493-522, February.
    17. Yuichiro Kamada Jr. & Fuhito Kojima Jr., 2014. "Voter Preferences, Polarization, and Electoral Policies," American Economic Journal: Microeconomics, American Economic Association, vol. 6(4), pages 203-236, November.
    18. Belguise, Margot, 2024. "Red Herrings: A Model of Attention-Hijacking by Politicians," The Warwick Economics Research Paper Series (TWERPS) 1492, University of Warwick, Department of Economics.
    19. Liu, Zanhui, 2024. "Information and polarization," Journal of Economic Behavior & Organization, Elsevier, vol. 226(C).
    20. Prato, Carlo & Wolton, Stephane, 2017. "Wisdom of the Crowd? Information Aggregation and Electoral Incentives," MPRA Paper 82753, University Library of Munich, Germany.
    21. Jeong, Daeyoung, 2019. "Using cheap talk to polarize or unify a group of decision makers," Journal of Economic Theory, Elsevier, vol. 180(C), pages 50-80.
    22. Lim, Claire S.H. & Snyder, James M., 2015. "Is more information always better? Party cues and candidate quality in U.S. judicial elections," Journal of Public Economics, Elsevier, vol. 128(C), pages 107-123.
    23. Gersbach, Hans & Tejada, Oriol & Muller, Philippe, 2016. "The Effects of Higher Re-election Hurdles and Costs of Policy Change on Political Polarization," CEPR Discussion Papers 11375, C.E.P.R. Discussion Papers.
    24. Lily Ling Yang, 2024. "Partisan Voting Under Uncertainty," CRC TR 224 Discussion Paper Series crctr224_2024_574, University of Bonn and University of Mannheim, Germany.
    25. Prummer, Anja, 2020. "Micro-targeting and polarization," Journal of Public Economics, Elsevier, vol. 188(C).
    26. Margot Belguise, 2024. "Red herrings: A model of attention-hijacking by politicians," Discussion Papers 2024-01, Nottingham Interdisciplinary Centre for Economic and Political Research (NICEP).
    27. Tomoya Tajika, 2021. "Polarization and inefficient information aggregation under strategic voting," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 56(1), pages 67-100, January.

  7. Faruk Gul & Wolfgang Pesendorfer, 2009. "A Comment on Bernheim's Appraisal of Neuroeconomics," American Economic Journal: Microeconomics, American Economic Association, vol. 1(2), pages 42-47, August.

    Cited by:

    1. Smith, Trenton G., 2023. "Endocrine state is the physical manifestation of subjective beliefs," Journal of Economic Psychology, Elsevier, vol. 96(C).

  8. Levine, David K. & Pesendorfer, Wolfgang, 2007. "The evolution of cooperation through imitation," Games and Economic Behavior, Elsevier, vol. 58(2), pages 293-315, February.
    See citations under working paper version above.
  9. Faruk Gul & Wolfgang Pesendorfer, 2007. "Welfare without Happiness," American Economic Review, American Economic Association, vol. 97(2), pages 471-476, May.

    Cited by:

    1. Torben Andersen & Joydeep Bhattacharya, 2008. "On Myopia as Rationale for Social Security," CESifo Working Paper Series 2401, CESifo.
    2. Jan Schnellenbach & Christian Schubert, 2014. "Behavioral Political Economy: A Survey," CESifo Working Paper Series 4988, CESifo.
    3. Dluhosch, Barbara & Horgos, Daniel, 2012. "Trading Up the Happiness Ladder," Working Paper 115/2012, Helmut Schmidt University, Hamburg.
    4. Vipul Bhatt & Masao Ogaki & Yuichi Yaguchi, 2015. "Normative Behavioural Economics Based on Unconditional Love and Moral Virtue," The Japanese Economic Review, Japanese Economic Association, vol. 66(2), pages 226-246, June.
    5. Malte Dold & Mario J. Rizzo, 2023. "Menger’s exact laws, the role of knowledge, and welfare economics," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 36(2), pages 163-182, June.
    6. Breitmoser, Yves, 2016. "The axiomatic foundation of logit and its relation to behavioral welfare," MPRA Paper 71632, University Library of Munich, Germany.
    7. Eddie Dekel & Barton L. Lipman, 2009. "How (Not) to Do Decision Theory," Levine's Working Paper Archive 814577000000000339, David K. Levine.
    8. Pugno, Maurizio, 2014. "Scitovsky, behavioural economics, and beyond," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 8, pages 1-29.
    9. Micael Dahlen & Helge Thorbjørnsen, 2022. "Individuals’ Assessments of Their Own Wellbeing, Subjective Welfare, and Good Life: Four Exploratory Studies," IJERPH, MDPI, vol. 19(19), pages 1-10, September.
    10. Petar Stankov, 2017. "Economic Freedom and Welfare Before and After the Crisis," Springer Books, Springer, number 978-3-319-62497-6, June.
    11. Sandro Ambuehl & Sebastian Blesse & Philipp Doerrenberg & Christoph Feldhaus & Axel Ockenfels, 2023. "Politicians' Social Welfare Criteria: An Experiment with German Legislators," CESifo Working Paper Series 10329, CESifo.
    12. Howard Kunreuther & Mark V. Pauly, 2018. "Dynamic Insurance Decision-Making for Rare Events: The Role of Emotions," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 43(2), pages 335-355, April.
    13. Gerhard Wegner, 2009. "Substantive versus Procedural Liberalism: Exploring a Dilemma of Contemporary Liberal Thought," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 165(3), pages 535-557, September.
    14. Mario Rizzo, 2014. "James M. Buchanan: Through an Austrian window," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(2), pages 135-145, June.
    15. Zaman, Asad, 2008. "Islamic Economics: A Survey of the Literature," MPRA Paper 11024, University Library of Munich, Germany.
    16. Athreya, Kartik B., 2014. "Big Ideas in Macroeconomics: A Nontechnical View," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262019736, December.
    17. Ben McQuillin & Robert Sugden, 2012. "Reconciling normative and behavioural economics: the problems to be solved," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 38(4), pages 553-567, April.
    18. Howard Kunreuther & Mark Pauly, 2015. "Insurance Decision-Making For Rare Events: The Role Of Emotions," NBER Working Papers 20886, National Bureau of Economic Research, Inc.

  10. Faruk Gul & Wolfgang Pesendorfer, 2007. "Harmful Addiction," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 74(1), pages 147-172.

    Cited by:

    1. Nicholas Chesterley, 2017. "Defaults, Decision Costs and Welfare in Behavioural Policy Design," Economica, London School of Economics and Political Science, vol. 84(333), pages 16-33, January.
    2. Sofie Kragh Pedersen & Alexander K. Koch & Julia Nafziger, 2012. "Who wants paternalism?," Economics Working Papers 2012-22, Department of Economics and Business Economics, Aarhus University.
    3. Helen G. Levy & Edward C. Norton & Jeffrey A. Smith, 2018. "Tobacco Regulation and Cost-Benefit Analysis: How Should We Value Foregone Consumer Surplus?," American Journal of Health Economics, MIT Press, vol. 4(1), pages 1-25, Winter.
    4. Paola Manzini & Marco Mariotti, 2006. "Consumer Choice and Revealed Bounded Rationality," Working Papers 571, Queen Mary University of London, School of Economics and Finance.
    5. Kan, Kamhon, 2007. "Cigarette smoking and self-control," Journal of Health Economics, Elsevier, vol. 26(1), pages 61-81, January.
    6. André Lapied & Thomas Rongiconi, 2013. "Ambiguity as a Source of Temptation: Modeling Unstable Beliefs," AMSE Working Papers 1316, Aix-Marseille School of Economics, France.
    7. Laibson, David I., 1997. "Golden Eggs and Hyperbolic Discounting," Scholarly Articles 4481499, Harvard University Department of Economics.
    8. Joaquin Gomez-Minambres & Eric Schniter, 2012. "Menu-Dependent Emotions and Self-Control," Working Papers 12-20, Chapman University, Economic Science Institute.
    9. Jung Hun Cho, 2007. "Self-Reputation and Perception of Reputation," CERGE-EI Working Papers wp343, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    10. Kevin X.D. Huang & Zheng Liu & John Qi Zhu, 2015. "Temptation and Self‐Control: Some Evidence and Applications," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(4), pages 581-615, June.
    11. Philippe Jehiel & Andrew Lilico, 2010. "Smoking today and stopping tomorrow: a limited foresight perspective," Post-Print halshs-00754440, HAL.
    12. Kamei, Kenju, 2012. "Self-regulatory strength and dynamic optimal purchase," Economics Letters, Elsevier, vol. 115(3), pages 452-454.
    13. Jawwad Noor, 2005. "Temptation, Welfare and Revealed Preference," Microeconomics 0509009, University Library of Munich, Germany.
    14. Noor, Jawwad, 2007. "Commitment and self-control," Journal of Economic Theory, Elsevier, vol. 135(1), pages 1-34, July.
    15. ÖZGÜR, Onur & BISIN, Alberto, 2011. "Dynamic linear economies with social interactions," Cahiers de recherche 2011-03, Universite de Montreal, Departement de sciences economiques.
    16. Gerhardt, Holger & Schildberg-Hörisch, Hannah & Willrodt, Jana, 2017. "Does self-control depletion affect risk attitudes?," European Economic Review, Elsevier, vol. 100(C), pages 463-487.
    17. Emre Ozdenoren & Stephen Salant & Dan Silverman, 2006. "Willpower and the Optimal Control of Visceral Urges," Economics Working Papers 0069, Institute for Advanced Study, School of Social Science.
    18. Ayyagari Padmaja & Sindelar Jody L, 2010. "The Impact of Job Stress on Smoking and Quitting: Evidence from the HRS," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-32, March.
    19. Incekara-Hafalir, Elif & Linardi, Sera, 2017. "Awareness of low self-control: Theory and evidence from a homeless shelter," Journal of Economic Psychology, Elsevier, vol. 61(C), pages 39-54.
    20. Andrew Leicester & Peter Levell, 2013. "Anti-smoking policies and smoker well-being: evidence from Britain," IFS Working Papers W13/13, Institute for Fiscal Studies.
    21. Hunt Allcott & Sendhil Mullainathan & Dmitry Taubinsky, 2012. "Energy Policy with Externalities and Internalities," NBER Working Papers 17977, National Bureau of Economic Research, Inc.
    22. Jukka Pirttilä & Sanna Tenhunen, 2005. "Pawns and Queens Revisited: Public Provision of Private Goods when Individuals make Mistakes," CESifo Working Paper Series 1466, CESifo.
    23. D. Pennesi, 2016. "When perfectionism becomes willpower," Working Papers wp1050, Dipartimento Scienze Economiche, Universita' di Bologna.
    24. Pierpaolo Pierani & Silvia Tiezzi, 2005. "Addiction and the Interaction between Alcohol and Tobacco Consumption," Department of Economics University of Siena 470, Department of Economics, University of Siena.
    25. Fernández-Val, Iván, 2009. "Fixed effects estimation of structural parameters and marginal effects in panel probit models," Journal of Econometrics, Elsevier, vol. 150(1), pages 71-85, May.
    26. Gine, Xavier & Karlan, Dean & Zinman, Jonathan, 2009. "Put your money where your butt is : a commitment contract for smoking cessation," Policy Research Working Paper Series 4985, The World Bank.
    27. Davide, Dragone & Francesco, Manaresi & Luca, Savorelli, 2013. "Obesity and smoking: can we catch two birds with one tax?," SIRE Discussion Papers 2013-31, Scottish Institute for Research in Economics (SIRE).
    28. Higashi, Youichiro & Hyogo, Kazuya & Takeoka, Norio, 2014. "Stochastic endogenous time preference," Journal of Mathematical Economics, Elsevier, vol. 51(C), pages 77-92.
    29. Daniel Burghart & Paul Glimcher & Stephanie Lazzaro, 2013. "An expected utility maximizer walks into a bar..," Journal of Risk and Uncertainty, Springer, vol. 46(3), pages 215-246, June.
    30. Brosio, Giorgio & Zanola, Roberto, 2006. "Can violence be rational? An empirical analysis of Colombia," POLIS Working Papers 74, Institute of Public Policy and Public Choice - POLIS.
    31. Gómez-Miñambres, Joaquín & Schniter, Eric, 2017. "Emotional calibration of self-control," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 68(C), pages 110-118.

  11. Faruk Gul & Wolfgang Pesendorfer, 2006. "Random Expected Utility," Econometrica, Econometric Society, vol. 74(1), pages 121-146, January.
    See citations under working paper version above.
  12. Wolfgang Pesendorfer, 2006. "Behavioral Economics Comes of Age: A Review Essay on Advances in Behavioral Economics," Journal of Economic Literature, American Economic Association, vol. 44(3), pages 712-721, September.

    Cited by:

    1. Hobman, Elizabeth V. & Frederiks, Elisha R. & Stenner, Karen & Meikle, Sarah, 2016. "Uptake and usage of cost-reflective electricity pricing: Insights from psychology and behavioural economics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 455-467.
    2. Dorian Jullien, 2016. "Under Uncertainty, Over Time and Regarding Other People: Rationality in 3D," GREDEG Working Papers 2016-20, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    3. Gowdy, John M., 2007. "Toward an experimental foundation for benefit-cost analysis," Ecological Economics, Elsevier, vol. 63(4), pages 649-655, September.
    4. CAMPANALE, Claudio & CASTRO, Rui & CLEMENTI, Gian Luca, 2009. "Asset Pricing in a Production Economy with Chew-Dekel Preferences," Cahiers de recherche 10-2009, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    5. Laibson, David I., 1997. "Golden Eggs and Hyperbolic Discounting," Scholarly Articles 4481499, Harvard University Department of Economics.
    6. Dominik H. Enste & Alexandra Haferkamp & Detlef Fetchenhauer, 2009. "Unterschiede im Denken zwischen Ökonomen und Laien – Erklärungsansätze zur Verbesserung der wirtschaftspolitischen Beratung," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 10(1), pages 60-78, February.
    7. Nicolas Sirven & Thomas Barnay, 2016. "Expectations, Loss Aversion, And Retirement Decisions In The Context Of The 2009 Crisis In Europe," TEPP Working Paper 2016-04, TEPP.
    8. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2011. "Optimism and Pessimism with Expected Utility, Third Version," PIER Working Paper Archive 13-001, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 26 Dec 2012.
    9. Elisha R. Frederiks & Karen Stenner & Elizabeth V. Hobman, 2015. "The Socio-Demographic and Psychological Predictors of Residential Energy Consumption: A Comprehensive Review," Energies, MDPI, vol. 8(1), pages 1-37, January.
    10. Dorian Jullien, 2018. "Under Risk, Over Time, Regarding Other People: Language and Rationality within Three Dimensions," Research in the History of Economic Thought and Methodology, in: Including a Symposium on Latin American Monetary Thought: Two Centuries in Search of Originality, volume 36, pages 119-155, Emerald Group Publishing Limited.
    11. Shastitko, Andrey & Golovanova, Svetlana, 2016. "Meeting blindly… Is Austrian economics useful for dynamic capabilities theory?," Russian Journal of Economics, Elsevier, vol. 2(1), pages 86-110.
    12. Katarzyna M. Werner & Horst Zank, 2019. "A revealed reference point for prospect theory," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 67(4), pages 731-773, June.
    13. Eyal Ert & Ido Erev, 2010. "On the Descriptive Value of Loss Aversion in Decisions under Risk," Harvard Business School Working Papers 10-056, Harvard Business School.
    14. Tine Bertoncel & Ivan Erenda & Maja Meško, 2018. "Best Practices. Managerial Early Warning System as Best Practice for Project Selection at a Smart Factory," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(49), pages 805-805, August.
    15. Smith, Alec, 2019. "Lagged beliefs and reference-dependent utility," Journal of Economic Behavior & Organization, Elsevier, vol. 167(C), pages 331-340.
    16. Inaki Aliende & Lorenzo Escot, 2022. "Why Policymakers and Social Scientists Should Adopt Behavioral Economics: An Analysis for the Period 2000-2020," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 14(2), pages 453-487, June.
    17. Vitaliy Shkromyda & Taras Gnatiuk & Nadiya Shkromyda, 2022. "Evaluation of Indexes of Dynamism of Corporate Reputation in Conditions of Behavioral Economy," Corporate Reputation Review, Palgrave Macmillan, vol. 25(2), pages 81-93, May.
    18. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2013. "Optimism and Pessimism with Expected Utility, Fifth Version," PIER Working Paper Archive 15-009, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 23 Feb 2015.
    19. Stephen Martin, 2018. "Behavioral antitrust," Chapters, in: Victor J. Tremblay & Elizabeth Schroeder & Carol Horton Tremblay (ed.), Handbook of Behavioral Industrial Organization, chapter 15, pages 404-454, Edward Elgar Publishing.
    20. Peter J. Phillips & Gabriela Pohl, 2017. "Terrorist choice: a stochastic dominance and prospect theory analysis," Defence and Peace Economics, Taylor & Francis Journals, vol. 28(2), pages 150-164, March.
    21. Rui Castro & Claudio Campanale & Gian Luca Clementi, 2007. "Asset Pricing in a General Equilibrium Production Economy with Chew-Dekel Risk Preferences," 2007 Meeting Papers 503, Society for Economic Dynamics.
    22. Boyarchenko, Svetlana & Levendorskii, Sergei, 2010. "Discounting when income is stochastic and climate change policies," MPRA Paper 27998, University Library of Munich, Germany.
    23. Park, Hyeon, 2019. "Inter-temporal choices with temporal reference dependence," Research in Economics, Elsevier, vol. 73(1), pages 107-122.
    24. Takeo Hori & Koichi Futagami, 2019. "A Non‐unitary Discount Rate Model," Economica, London School of Economics and Political Science, vol. 86(341), pages 139-165, January.
    25. Sirin, Selahattin Murat & Gonul, Mustafa Sinan, 2016. "Behavioral aspects of regulation: A discussion on switching and demand response in Turkish electricity market," Energy Policy, Elsevier, vol. 97(C), pages 591-602.
    26. Ronald Schettkat, 2020. "Micro-Foundations of Diverging Economic Policies: Keynesian, Behavioural, Neoclassic," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 55(2), pages 105-111, March.
    27. Camara, N'Famory & Xu, Deyi & Binyet, Emmanuel, 2017. "Understanding household energy use, decision making and behaviour in Guinea-Conakry by applying behavioural economics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 1380-1391.
    28. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2012. "Optimism and Pessimism with Expected Utility," Levine's Working Paper Archive 786969000000000353, David K. Levine.
    29. Nicolas Brisset & Dorian Jullien, 2019. "Models as Speech Acts: A Restatement and a new Case Study," GREDEG Working Papers 2019-09, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    30. Hugh Kelley & Tom Evans, 2010. "Measuring the Impact of Behavioral Traders in the Market for Closed-end Country Funds from 2002 to 2009," Chapters, in: Brian Bruce (ed.), Handbook of Behavioral Finance, chapter 16, Edward Elgar Publishing.
    31. Agustin J. Ros, 2020. "Does electricity competition work for residential consumers? Evidence from demand models for default and competitive residential electricity services," Journal of Regulatory Economics, Springer, vol. 58(1), pages 1-32, August.
    32. Gowdy, John M., 2008. "Behavioral economics and climate change policy," Journal of Economic Behavior & Organization, Elsevier, vol. 68(3-4), pages 632-644, December.
    33. Drakopoulos, Stavros A., 2022. "The Conceptual Resilience of the Atomistic Individual in Mainstream Economic Rationality," MPRA Paper 112944, University Library of Munich, Germany.
    34. Pollitt, M. G. & Shaorshadze, I., 2011. "The Role of Behavioural Economics in Energy and Climate Policy," Cambridge Working Papers in Economics 1165, Faculty of Economics, University of Cambridge.
    35. Patrick Xavier & Dimitri Ypsilanti, 2010. "Behavioral Economics and Telecommunications Policy," Chapters, in: Anastassios Gentzoglanis & Anders Henten (ed.), Regulation and the Evolution of the Global Telecommunications Industry, chapter 4, Edward Elgar Publishing.
    36. Martin Kesternich & Christiane Reif & Dirk Rübbelke, 2017. "Recent Trends in Behavioral Environmental Economics," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 67(3), pages 403-411, July.
    37. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2011. "Optimism and Pessimism with Expected Utility, Fourth Version," PIER Working Paper Archive 13-068, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Nov 2013.
    38. Rhodes, Charles, 2010. "Demographic Variability In U.S. Consumer Responsiveness To Carbonated Soft-Drink Marketing Practices," 115th Joint EAAE/AAEA Seminar, September 15-17, 2010, Freising-Weihenstephan, Germany 116419, European Association of Agricultural Economists.
    39. Diane Coyle, 2017. "Homo Economicus, AIs, Humans and Rats: Decision-Making and Economic Welfare," Economics Discussion Paper Series 1710, Economics, The University of Manchester.
    40. Joo, M. Hashemi & Parhizgari, A.M., 2021. "A behavioral explanation of credit ratings and leverage adjustments," Journal of Behavioral and Experimental Finance, Elsevier, vol. 29(C).
    41. Michael David Thomas, 2019. "Reapplying behavioral symmetry: public choice and choice architecture," Public Choice, Springer, vol. 180(1), pages 11-25, July.
    42. David Dillenberger & Andrew Postlewaite & Kareen Rozen, 2011. "Optimism and Pessimism with Expected Utility, Second Version," PIER Working Paper Archive 12-031, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 10 Aug 2012.
    43. Park, Hyeon, 2023. "A general equilibrium model of dynamic loss aversion," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 107(C).

  13. Faruk Gul & Wolfgang Pesendorfer, 2005. "The Revealed Preference Theory of Changing Tastes," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 72(2), pages 429-448.
    See citations under working paper version above.
  14. Cripps, Martin W. & Dekel, Eddie & Pesendorfer, Wolfgang, 2005. "Reputation with equal discounting in repeated games with strictly conflicting interests," Journal of Economic Theory, Elsevier, vol. 121(2), pages 259-272, April.

    Cited by:

    1. Francoise Forges & Antoine Salomon, 2014. "Bayesian Repeated Games and Reputations," CESifo Working Paper Series 4700, CESifo.
    2. Sarah C. Rice, 2012. "Reputation and Uncertainty in Online Markets: An Experimental Study," Information Systems Research, INFORMS, vol. 23(2), pages 436-452, June.
    3. Atakan, Alp E. & Ekmekci, Mehmet, 2015. "Reputation in the long-run with imperfect monitoring," Journal of Economic Theory, Elsevier, vol. 157(C), pages 553-605.
    4. Harry Pei, 2020. "Reputation Building under Observational Learning," Papers 2006.08068, arXiv.org, revised Nov 2020.
    5. Yuval Heller & Erik Mohlin, 2017. "Observations on Cooperation," Working Papers 2017-12, Bar-Ilan University, Department of Economics.
    6. Nica, Melania, 2023. "Reputation formation and reinforcement of biases in a post-truth world," Journal of Economic Behavior & Organization, Elsevier, vol. 215(C), pages 455-478.
    7. Jeffrey C. Ely & Juuso Välimäki, 2003. "Bad Reputation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(3), pages 785-814.
    8. Harrington, Joseph E. & Zhao, Wei, 2012. "Signaling and tacit collusion in an infinitely repeated Prisoners’ Dilemma," Mathematical Social Sciences, Elsevier, vol. 64(3), pages 277-289.
    9. Ekmekci, Mehmet & Maestri, Lucas, 2019. "Reputation and screening in a noisy environment with irreversible actions," MPRA Paper 100885, University Library of Munich, Germany.
    10. David Hugh-Jones & Ro’i Zultan, 2013. "Reputation and Cooperation in Defense," Journal of Conflict Resolution, Peace Science Society (International), vol. 57(2), pages 327-355, April.
    11. Ekmekci, Mehmet & Maestri, Lucas, 2022. "Wait or act now? Learning dynamics in stopping games," Journal of Economic Theory, Elsevier, vol. 205(C).
    12. Atakan, Alp E. & Ekmekci, Mehmet, 2013. "A two-sided reputation result with long-run players," Journal of Economic Theory, Elsevier, vol. 148(1), pages 376-392.
    13. Françoise Forges, 2012. "Folk theorems for Bayesian (public good) games," Post-Print hal-02447604, HAL.
    14. Sharma, Priyanka, 2017. "Is more information always better? A case in credit markets," Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 269-283.
    15. Mailath, George J. & Samuelson, Larry, 2015. "Reputations in Repeated Games," Handbook of Game Theory with Economic Applications,, Elsevier.
    16. Atakan, Alp Enver & Ekmekci, Mehmet, 2014. "Reputation in Repeated Moral Hazard Games," MPRA Paper 54427, University Library of Munich, Germany.
    17. Wiseman, Thomas, 2009. "Reputation and exogenous private learning," Journal of Economic Theory, Elsevier, vol. 144(3), pages 1352-1357, May.
    18. Mehmet Ekmekci & Alp Atakan, 2009. "Reputation with Long Run Players and Imperfect Observation," 2009 Meeting Papers 222, Society for Economic Dynamics.
    19. Monte, Daniel, 2013. "Bounded memory and permanent reputations," Journal of Mathematical Economics, Elsevier, vol. 49(5), pages 345-354.
    20. Monte, Daniel, 2016. "Reputation with one-sided monitoring: Ignorance as a commitment device," Economics Letters, Elsevier, vol. 144(C), pages 18-21.
    21. Joseph E. Harrington, Jr. & Wei Zhao, 2012. "Signaling and Tacit Collusion in an Infinitely Repeated Prisoners' Dilemma," Economics Working Paper Archive 587, The Johns Hopkins University,Department of Economics.
    22. Dilip Abreu & David G. Pearce, 2006. "Bargaining, Reputation and Equilibrium Selection in Repeated Games with Contracts," Levine's Bibliography 321307000000000640, UCLA Department of Economics.
    23. Wolitzky, Alexander, 2011. "Indeterminacy of reputation effects in repeated games with contracts," Games and Economic Behavior, Elsevier, vol. 73(2), pages 595-607.

  15. Faruk Gul & Wolfgang Pesendorfer, 2004. "Self Control, Revealed Preferences and Consumption Choice," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(2), pages 243-264, April.
    See citations under working paper version above.
  16. Faruk Gul & Wolfgang Pesendorfer, 2004. "Self-Control and the Theory of Consumption," Econometrica, Econometric Society, vol. 72(1), pages 119-158, January.
    See citations under working paper version above.
  17. Wolfgang Pesendorfer & Asher Wolinsky, 2003. "Second Opinions and Price Competition: Inefficiency in the Market for Expert Advice," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(2), pages 417-437.
    See citations under working paper version above.
  18. Johnson, Philip & Levine, David K. & Pesendorfer, Wolfgang, 2001. "Evolution and Information in a Gift-Giving Game," Journal of Economic Theory, Elsevier, vol. 100(1), pages 1-21, September.
    See citations under working paper version above.
  19. Faruk Gul & Wolfgang Pesendorfer, 2001. "Temptation and Self-Control," Econometrica, Econometric Society, vol. 69(6), pages 1403-1435, November.
    See citations under working paper version above.
  20. Jeroen M. Swinkels & Wolfgang Pesendorfer, 2000. "Efficiency and Information Aggregation in Auctions," American Economic Review, American Economic Association, vol. 90(3), pages 499-525, June.
    See citations under working paper version above.
  21. Fudenberg, Drew & Levine, David & Pesendorfer, Wolfgang, 1998. "When Are Nonanonymous Players Negligible?," Journal of Economic Theory, Elsevier, vol. 79(1), pages 46-71, March.
    See citations under working paper version above.
  22. Wolfgang Pesendorfer & Jeroen M. Swinkels, 1997. "The Loser's Curse and Information Aggregation in Common Value Auctions," Econometrica, Econometric Society, vol. 65(6), pages 1247-1282, November.
    See citations under working paper version above.
  23. Timothy Feddersen & Wolfgang Pesendorfer, 1997. "Voting Behavior and Information Aggregation in Elections with Private Information," Econometrica, Econometric Society, vol. 65(5), pages 1029-1058, September.
    See citations under working paper version above.
  24. Celentani, Marco, et al, 1996. "Maintaining a Reputation against a Long-Lived Opponent," Econometrica, Econometric Society, vol. 64(3), pages 691-704, May.

    Cited by:

    1. Cripps, Martin W. & Mailath, George J. & Samuelson, Larry, 2007. "Disappearing private reputations in long-run relationships," Journal of Economic Theory, Elsevier, vol. 134(1), pages 287-316, May.
    2. Harasser, Andreas, 2014. "Information asymmetry and reentry," Economics Letters, Elsevier, vol. 123(2), pages 118-121.
    3. Atakan, Alp E. & Ekmekci, Mehmet, 2015. "Reputation in the long-run with imperfect monitoring," Journal of Economic Theory, Elsevier, vol. 157(C), pages 553-605.
    4. Jeffrey Ely & Drew Fudenberg & David K. Levine, 2002. "When is Reputation Bad?," Harvard Institute of Economic Research Working Papers 1962, Harvard - Institute of Economic Research.
    5. Haag, Matthew & Lagunoff, Roger, 2007. "On the size and structure of group cooperation," Journal of Economic Theory, Elsevier, vol. 135(1), pages 68-89, July.
    6. Hausken, Kjell, 2005. "The battle of the sexes when the future is important," Economics Letters, Elsevier, vol. 87(1), pages 89-93, April.
    7. Yuval Heller & Erik Mohlin, 2017. "Observations on Cooperation," Working Papers 2017-12, Bar-Ilan University, Department of Economics.
    8. Sorin, Sylvain, 1999. "Merging, Reputation, and Repeated Games with Incomplete Information," Games and Economic Behavior, Elsevier, vol. 29(1-2), pages 274-308, October.
    9. Jung, Hanjoon Michael, 2018. "Receiver’s dilemma," Journal of Mathematical Economics, Elsevier, vol. 75(C), pages 116-124.
    10. Hausken, Kjell, 2007. "Reputation, incomplete information, and differences in patience in repeated games with multiple equilibria," Economics Letters, Elsevier, vol. 97(2), pages 138-144, November.
    11. Cripps, Martin W. & Thomas, Jonathan P., 1997. "Reputation and Perfection in Repeated Common Interest Games," Games and Economic Behavior, Elsevier, vol. 18(2), pages 141-158, February.
    12. Fudenberg, Drew & Gao, Ying & Pei, Harry, 2022. "A reputation for honesty," Journal of Economic Theory, Elsevier, vol. 204(C).
    13. Lu, Yang K., 2013. "Optimal policy with credibility concerns," Journal of Economic Theory, Elsevier, vol. 148(5), pages 2007-2032.
    14. Mailath, George J. & Samuelson, Larry, 2015. "Reputations in Repeated Games," Handbook of Game Theory with Economic Applications,, Elsevier.
    15. Jimmy Chan, 2000. "On the Non-Existence of Reputation Effects in Two-Person Infinitely-Repeated Games," Economics Working Paper Archive 441, The Johns Hopkins University,Department of Economics.
    16. Sandroni, Alvaro, 2000. "Reciprocity and Cooperation in Repeated Coordination Games: The Principled-Player Approach," Games and Economic Behavior, Elsevier, vol. 32(2), pages 157-182, August.
    17. Bahbouhi, Jalal Eddine & Moussa, Najem, 2017. "Prisoner’s dilemma game model for e-commerce," Applied Mathematics and Computation, Elsevier, vol. 292(C), pages 128-144.
    18. Fong, Yuk-fai & Surti, Jay, 2009. "The optimal degree of cooperation in the repeated Prisoners' Dilemma with side payments," Games and Economic Behavior, Elsevier, vol. 67(1), pages 277-291, September.
    19. Mehmet Ekmekci & Alp Atakan, 2009. "Reputation with Long Run Players and Imperfect Observation," 2009 Meeting Papers 222, Society for Economic Dynamics.
    20. Monte, Daniel, 2016. "Reputation with one-sided monitoring: Ignorance as a commitment device," Economics Letters, Elsevier, vol. 144(C), pages 18-21.
    21. Wolitzky, Alexander, 2011. "Indeterminacy of reputation effects in repeated games with contracts," Games and Economic Behavior, Elsevier, vol. 73(2), pages 595-607.
    22. Joyee Deb & Yuhta Ishii, 2016. "Reputation Building under Uncertain Monitoring," Cowles Foundation Discussion Papers 2042, Cowles Foundation for Research in Economics, Yale University.

  25. Celentani, Marco & Pesendorfer, Wolfgang, 1996. "Reputation in Dynamic Games," Journal of Economic Theory, Elsevier, vol. 70(1), pages 109-132, July.
    See citations under working paper version above.
  26. Feddersen, Timothy J & Pesendorfer, Wolfgang, 1996. "The Swing Voter's Curse," American Economic Review, American Economic Association, vol. 86(3), pages 408-424, June.
    See citations under working paper version above.
  27. Pesendorfer, Wolfgang, 1995. "Design Innovation and Fashion Cycles," American Economic Review, American Economic Association, vol. 85(4), pages 771-792, September.
    See citations under working paper version above.
  28. Levine, David K & Pesendorfer, Wolfgang, 1995. "When Are Agents Negligible?," American Economic Review, American Economic Association, vol. 85(5), pages 1160-1170, December.
    See citations under working paper version above.
  29. Pesendorfer Wolfgang, 1995. "Financial Innovation in a General Equilibrium Model," Journal of Economic Theory, Elsevier, vol. 65(1), pages 79-116, February.
    See citations under working paper version above.
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