Limited strategic thinking and the cursed match (Record no. 527789)
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| 000 -LEADER | |
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| fixed length control field | 01265nam a22001337a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 240925b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Bochet, Olivier and Magnani, Jacopo |
| 245 ## - TITLE STATEMENT | |
| Title | Limited strategic thinking and the cursed match |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | American Economic Journal: Microeconomics |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 16(3), Aug, 2024: p.321-344 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | In vertically differentiated matching markets with private information, agents face an acceptance curse: being accepted as a partner conveys bad news. We experimentally investigate whether individuals anticipate the acceptance curse in such an environment. We test the effect of an exogenous change in reservation values, making some types more selective and inducing significant changes in the posterior distribution of match qualities. Consistent with limited strategic sophistication, subjects don't respond to this manipulation. Through additional investigation and structural estimations, we suggest a mechanism explaining the lack of subjects' response: out-of-equilibrium beliefs are quantitatively more important than limited conditional thinking. – Reproduced https://www.aeaweb.org/articles?id=10.1257/mic.20210344 |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | American Economic Journal: Microeconomics |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Indian Institute of Public Administration | Indian Institute of Public Administration | 2024-09-25 | 16(3), Aug, 2024: p.321-344 | AR133222 | 2024-09-25 | Articles |