Anticipating Information Projection: An Experimental Investigation∗

نویسندگان

  • David Danz
  • Kristóf Madarász
  • Stephanie W. Wang
چکیده

We investigate whether people predict the biases of others with an experiment that matches agents with informed or uninformed principals. While the agents’ beliefs are well-calibrated regarding the average task performance, they also correctly believe that informed principals monitoring their performance project their information and overestimate the likelihood of success for agents. The agents’ preference for a payoff that is independent of the principal’s evaluation when matched with an informed principal is consistent with anticipating this information projection. We also use the agents’ stated firstand second-order beliefs to estimate the extent of information projection and its anticipation.

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تاریخ انتشار 2014