Ignacio Esponda Jr.; Emanuel Vespa Jr. - In: American Economic Journal: Microeconomics 6 (2014) 4, pp. 180-202
In several common-value environments (e.g., auctions or elections), players should make informational inferences from opponents' strategies under certain hypothetical events (e.g., winning the auction or being pivotal). We design a voting experiment that identifies whether subjects make these...