Micro Theory/Experimental Seminar
Wednesday, April 15, 2020, 02:45pm - 04:15pm
Rodrigo Velez, Texas A & M University - Cancelled
Abstract: We study the plausibility of sub-optimal Nash equilibria of the direct revelation mechanism associated with a strategy-proof social choice function. By using the recently introduced empirical equilibrium analysis (Velez and Brown, 2019, arXiv:1804.07986) we determine that this behavior is plausible only when the social choice function violates a non-bossiness condition and information is not interior. Analysis of the accumulated experimental and empirical evidence on these games supports our findings.