Now showing items 1-5 of 5
Truth-telling and trust in sender-receiver games with intervention: an experimental study
(Springer Heidelberg, 2014-06)
Recent experimental studies find excessive truth-telling in sender-receiver games. We show that this phenomenon is robust to the random intervention of a truthful regulator. In addition, intervention significantly increases ...
Perverse Effects of Non-sterilized Interventions on Spot Foreign Exchange Rates
(SAGE Publications Ltd, 2019-06)
We study the effects of non-sterilized intervention on a spot foreign exchange (forex) rate using a multi-period game-theoretical model which involves an unspeci?ed number of competitive traders, a ?nite number of strategic ...
The Effect of Awareness and Observability on the Non-contractible Investment of a Regulated Natural Monopoly
(Springer New York LLC, 2019-12)
This paper studies the joint effect of the regulator’s ex-ante awareness and ex-post ability to observe on the non-contractible investment activities of a natural monopoly with private marginal cost information. We show ...
A Game Theoretic Approach to Peer Review of Grant Proposals
(Elsevier Ltd, 2019-11)
This paper studies the grant peer review process employed by the Turkish regional development agencies, which is adapted from a review procedure of the Education, Audiovisual and Culture Executive Agency of the European ...
The mutual sequential mate search model under nonhomogenous preferences
This paper extends the Todd and Miller’s mutual sequential mate search model with homogenous preferences to the case of non-homogenous preferences. Our simulations show that the size of heterogeneity in the preferences ...