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School of Economics, University of Nottingham, University Park Campus and Department of Economics (AE1), Maastricht University
Persistent link: https://www.econbiz.de/10010552188
We present a simple procedure that selects the strategies most likely to be played by inexperienced agents who interact in one shot 2x2 matching pennies games. As a first step we axiomatically describe players’ beliefs. We find the minimax regret criterion to be the simplest functional form...
Persistent link: https://www.econbiz.de/10005385407
We study (anti-) coordination problems in networks in a laboratory experiment. Partici- pants interact with their …
Persistent link: https://www.econbiz.de/10008467327
Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...
Persistent link: https://www.econbiz.de/10005008036
We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the …
Persistent link: https://www.econbiz.de/10008828406
This paper analyses whether different emissions trading regimes provide different incentives to participate in a … designing the emission trading regime, it is possible to enhance the incentives to participate in a climate agreement. Therefore …
Persistent link: https://www.econbiz.de/10005423151
crucial to prioritise participation incentives for all countries, especially those without explicit or with insufficient … abatement targets. This paper offers a bottom-up game-theoretic perspective on participation incentives. Rather than focusing on … issue linkage, transfers or burden sharing as tools to enhance the incentives to participate in a climate agreement, this …
Persistent link: https://www.econbiz.de/10005423177
cooperative effort to control GHG emissions can provide adequate incentives for the US to move back to the Kyoto process and … assesses the participation incentives for the major world countries and regions in these three regimes. …
Persistent link: https://www.econbiz.de/10005230935
agents are farsighted, related stability concepts have been proposed. We design a simple network formation experiment to test …
Persistent link: https://www.econbiz.de/10009131101
schools. Subjects' incentives are drastically affected, as more individuals manipulate their preferentes. Including a safety …
Persistent link: https://www.econbiz.de/10005008015