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Listar por autor "Feri, Francesco"
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An Experimental Study on the Effects of Communication, Credibility, and Clustering in Network Games.
Charness, Gary; Feri, Francesco; Meléndez-Jiménez, Miguel Ángel; Sutter, Matthias (The MIT Press, 2023-11-17)We examine how pre-play communication and clustering affect play in a challenging hybrid experimental game on networks. Free-form chat is impressively effective in achieving the non-equilibrium efficient outcome, but ... -
Can there be a market for cheap-talk information? An experimental investigation.
Cabrales, Antonio; Feri, Francesco; Gottardi, Piero; Meléndez-Jiménez, Miguel Ángel (Elsevier, 2020-03-17)This paper reports on experiments testing the viability of markets for cheap-talk information. We find that the level of trade in these markets is very small and eventually vanishes. Sellers provide low-quality information ... -
Institutional flexibility, political alternation and middle-of-the-road policies
Andina-Díaz, Ascensión; Feri, Francesco; Meléndez-Jiménez, Miguel Ángel (Elsevier, 2021-12-30)This paper presents a novel explanation for political alternation in democracies, rooted in the benefit for the median voter of keeping policy from drifting too far to either extreme. Central to this argument is the idea ... -
The bureaucracy trap
Andina-Díaz, Ascensión; Feri, Francesco; Meléndez-Jiménez, Miguel Ángel (Elsevier, 2023-07-30)We study the incentives of political parties to institute reforms that improve bureaucratic quality and increase the ability of governments to implement policy change. We consider a context of dynamic elections where current ... -
Transmission and use of information in network games.
Currarini, Sergio; Feri, Francesco; Hartig, Bjoern; Meléndez-Jiménez, Miguel Ángel (Elsevier, 2023-04-08)We design an experiment to study how agents share and make use of information in networks. Agents receive payo -relevant signals automatically shared with neighbours. We compare the use of information in different network ...