rights to the red hat puzzle game, a well-known logical reasoning problem. Compared to the random mechanism, the auction … mechanism significantly reduces deviations from the equilibrium play in the red hat puzzle game. Our findings show that under …

rights to the red hat puzzle game, a well-known logical reasoning problem. Compared to the random mechanism, the auction … mechanism significantly reduces deviations from the equilibrium play in the red hat puzzle game. Our findings show that under …

game, motivated by Littlewood (1953) Red Hat Puzzle, where the optimal choices in the game require players to employ …