Keser, Claudia; Vogt, Bodo - Centre Interuniversitaire de Recherche en Analyse des … - 2000
In an experimental 2x2 coordination game with two strict equilibria we observe that, in contrast to equilibrium selection theory (Harsanyi and Selten 1988), only half of the subjects choose the strategy that relates to the payoff- and risk-dominant equilibrium. We propose modified risk dominance...