71 citations · 143 across the 13 of their papers we have counts for
10 papers · 1 filter
Cooperating against Catastrophe
Drew Fudenberg, Andrew Koh
We study a continuous-time game in which two firms choose how quickly to advance their capabilities while an exogenous safety threshold advances at a fixed rate. When the capabilit…
Racing to Ruin
Drew Fudenberg, Andrew Koh
We study R&D competition in the shadow of disaster: advancing the technology frontier raises the risk of permanently ending all firms' payoffs. Under perfect monitoring and common…
Endogenous Attention and the Spread of False News (Extended Cut)
Tuval Danenberg, Drew Fudenberg
We study the impact of endogenous attention in a dynamic social media model. Each period, a user observes a random story and decides whether to share it. Users like sharing true an…
The Transfer Performance of Economic Models
Isaiah Andrews, Drew Fudenberg, Lihua Lei +2
Economists often estimate models using data from a particular domain, e.g. estimating risk preferences in a particular subject pool or for a specific class of lotteries. Whether a…
Observability, Dominance, and Induction in Learning Models
Daniel Clark, Drew Fudenberg, Kevin He
Learning models do not in general imply that weakly dominated strategies are irrelevant or justify the related concept of "forward induction," because rational agents may use domin…
A Reputation for Honesty
Drew Fudenberg, Ying Gao, Harry Pei
We analyze situations in which players build reputations for honesty rather than for playing particular actions. A patient player facing a sequence of short-run opponents makes an…