Division Of The Humanities And Social Sciences (2007)
Jacob Goeree, Brian Rogers, Jacob K. Goeree, Thomas R. Palfrey, Brian W. Rogers
We consider an environment where individuals sequentially choose among several actions. The payo# to an individual depends on her action choice, the state of the world, and an idiosyncratic,...
In Search of Stars: Network Formation among Heterogeneous Agents (2007)
Ule, Alja, Goeree, Jacob, Riedl, Arno
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The experimental design extends the Bala-Goyal (2000) model of network formation with decay...
In Search of Stars: Network Formation among Heterogeneous Agents (2007)
Ule, Alja, Goeree, Jacob, Riedl, Arno
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The experimental design extends the Bala-Goyal (2000) model of network formation with decay...
In Search of Stars: Network Formation among Heterogeneous Agents (2007)
Ule, Alja, Goeree, Jacob, Riedl, Arno
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The experimental design extends the Bala-Goyal (2000) model of network formation with decay...
In Search of Stars: Network Formation among Heterogeneous Agents (2007)
Ule, Alja, Goeree, Jacob, Riedl, Arno
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The experimental design extends the Bala-Goyal (2000) model of network formation with decay...
Resources for the Future (2007)
Charles Holt, William Shobe, Karen Palmer, Jacob Goeree, Charles Holt, William Shobe, ...
Virginia. The authors want to express their appreciation to the many persons who provided comments and advice over the course of this investigation, especially to David Coup for project management...
Robert Gazzale, Charles Brown, David Cooper, Julie Cullen, Jacob Goeree, ...
This study clarifies the conditions under which learning in games produces convergence to Nash equilibria in practice. We experimentally investigate the role of supermodularity, which is closely...
Private Costs and Public Benefits: Unraveling the Effects of Altruism and Noisy Behavior (2000)
Jacob Goeree, Jacob K. Goeree, Charles A. Holt, Charles A. Holt, Susan K. Laury, Susan K. Laury
. An increase in the common marginal value of a public good has two effects: it increases the benefit of a contribution to others, and it reduces the net cost of making a contribution. These two...
Thesis (doctoral)--Rijksuniversiteit te Utrecht, 1993.
The Effective Action of $W_3$ Gravity to All Orders (1992)
The effective action for chiral $W_3$ gravity is studied. It is shown that the computation of the effective action can be reduced to that of a $SL(3,\re)$ Wess-Zumino-Witten theory. If one assumes...
KPZ Analysis for $W_3$ Gravity (1992)
Starting from the covariant action for $W_3$ gravity, we discuss the BRST quantization of $W_3$ gravity. Taking the chiral gauge the BRST charge has a natural interpretation in terms of the quantum...
Covariant $W$ Gravity \& its Moduli Space from Gauge Theory (1992)
In this paper we study arbitrary $W$ algebras related to embeddings of $sl_2$ in a Lie algebra $g$. We give a simple formula for all $W$ transformations, which will enable us to construct the...
W Gravity From Chern--Simons Theory (1991)
Starting with three dimensional Chern--Simons theory with gauge group $Sl(N,R)$, we derive an action $S_{cov}$ invariant under both left and right $W_N$ transformations. We give an interpretation of...
The Covariant W_3 Action (1991)
Starting from SL(3,R) Chern-Simons theory we derive the covariant action for W_3 gravity.
Social learning with private and common values
Jacob Goeree, Thomas Palfrey, Brian Rogers
We consider an environment where individuals sequentially choose among several actions. The payoff to an individual depends on her action choice, the state of the world, and an idiosyncratic,...
Self-correcting Information Cascades
Goeree, Jacob, Palfrey, Thomas, Rogers, Brian, McKelvey, Richard
In laboratory experiments, information cascades are ephemeral phenomena, collapsing soon after they form, and them reforming again. The formation/collapse/reformation cycles occur frequently and...
Social learning with private and common values
Goeree, Jacob, Palfrey, Thomas, Rogers, Brian
We consider an environment where individuals sequentially choose among several actions. The payoff to an individual depends on her action choice, the state of the world, and an idiosyncratic,...
Bidders' choice auctions: Raising revenues through the right to choose
Goeree, Jacob, Plott, Charles, Wooders, John
Sales of multiple real-estate properties are ften conducted via a sequence of ascending auctions, giving the winner at each stage the right to choose one of the available lots. We show that when...
Regular Quantal Response Equilibrium
Goeree, Jacob, Holt, Charles, Palfrey, Thomas
The structural Quantal Response Equilibrium (QRE) generalizes the Nash equilibrium by augmenting payoffs with random elements that are not removed in some limit. This approach has been widely used...
False Consensus Voting and Welfare Reducing Polls
We consider a process of costly majority voting where people anticipate that others have similar preferences. This perceived consensus of opinion is the outcome of a fully rational Bayesian updating...
Demand Reduction and Preemptive Bidding in Multi-Unit License Auctions
Jacob Goeree, Theo Offerman, Randolph Sloof
Multi-unit ascending auctions allow for equilibria in which bidders strategically reduce their demand and split the market at low prices. At the same time, they allow for preemptive bidding by...
Regular Quantal Response Equilibrium
Jacob Goeree, Charles Holt, Thomas Palfrey
The structural Quantal Response Equilibrium (QRE) generalizes the Nash equilibrium by augmenting payoffs with random elements that are not removed in some limit. This approach has been widely used...
Strategic voting, Costly participation, Correlated preferences, Polls, Toss-up elections, C70, D72,
Martin Dufwenberg, Uri Gneezy, Jacob Goeree, Rosemarie Nagel
Price competition, Price floors, Bertrand model, Experiment, Luce model, C72, C92, D43, L13,
Collusion in Auctions for Emission Permits: An Experimental Analysis
Burtraw, Dallas, Goeree, Jacob, Holt, Charles A., Myers, Erica, Palmer, Karen, Shobe, William
Environmental markets have several institutional features that provide a new context for the use of auctions and which have not been studied previously. This paper reports on laboratory experiments...
The Singular Value Decomposition of the Square Roots of the Identity Matrix
Goeree, Jacob, Neudecker, Heinz, Drury, S.W., Styan, George P.H.
Risky procurement with an insider bidder
Jan Boone, Roy Chen, Jacob Goeree, Angelo Polydoro
Risky procurement, Experiments, C92, D44,