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Myopic or Farsighted? An Experiment on Network Formation
Mantovani, Marco; Kirchsteiger, Georg; Mauleon, Ana; … - Fondazione ENI Enrico Mattei (FEEM) - 2011
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
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Predicting one Shot Play in 2x2 Games Using Beliefs Based on Minimax Regret
Gallice, Andrea - Fondazione ENI Enrico Mattei (FEEM) - 2006
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
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Choosing to Have Less Choice
Salgano, Maria - Fondazione ENI Enrico Mattei (FEEM) - 2006
laboratory experiment. I find strong support for both the information and cognitive overload arguments. The effects do not …
Persistent link: https://www.econbiz.de/10005385513
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Identity, Homophily and In-Group Bias
Currarini, Sergio; Menge, Friederike - Fondazione ENI Enrico Mattei (FEEM) - 2012
School of Economics, University of Nottingham, University Park Campus and Department of Economics (AE1), Maastricht University
Persistent link: https://www.econbiz.de/10010552188
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(Anti-) Coordination in Networks
Kovarik, Jaromir; Mengel, Friederike; Romero, José Gabriel - Fondazione ENI Enrico Mattei (FEEM) - 2010
We study (anti-) coordination problems in networks in a laboratory experiment. Partici- pants interact with their … neighbours in a fixed network to play a bilateral (anti-) coordination game. Our main treatment variable is the extent to which … of successful coordination. In addition, even though there is a multiplicity of Nash equilibria theoretically, a very …
Persistent link: https://www.econbiz.de/10008467327
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Incorporating Fairness Motives into the Impulse Balance Equilibrium and Quantal Response Equilibrium Concepts: An Application to 2x2 Games
Tavoni, Alessandro - Fondazione ENI Enrico Mattei (FEEM) - 2009
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
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Extrapolation in Games of Coordination and Dominance Solvable Games
Mengel, Friederike; Sciubba, Emanuela - Fondazione ENI Enrico Mattei (FEEM) - 2010
We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the … dominance solvable guessing game or a Coordination version of the guessing game for five rounds. Afterwards they play a 3x3 … dominated strategies (IEDS), a pure Coordination game or a Coordination game with pareto ranked equilibria. We find strong …
Persistent link: https://www.econbiz.de/10008828406
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ETS and Technological Innovation: A Random Matching Model
Antoci, Angelo; Borghesi, Simone; Sodini, Mauro - Fondazione ENI Enrico Mattei (FEEM) - 2012
The present paper investigates the functioning of an Emission Trading System (ETS) and its impact on the diffusion of environmental-friendly technological innovation in the presence of firms’ strategic behaviours and sanctions to non-compliant firms. For this purpose, we study an evolutionary...
Persistent link: https://www.econbiz.de/10010904915
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Human Capital, Innovation, and Climate Policy: An Integrated Assessment
Carraro, Carlo; Cian, Enrica De; Tavoni, Massimo - Fondazione ENI Enrico Mattei (FEEM) - 2012
This paper looks at the interplay between human capital and innovation in the presence of climate and educational policies. Using recent empirical estimates, human capital and general purpose R&D are introduced in an integrated assessment model that has been extensively applied to study climate...
Persistent link: https://www.econbiz.de/10010904922
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Leadership and International Climate Cooperation
Schwerhoff, Gregor - Fondazione ENI Enrico Mattei (FEEM) - 2013
Which kind of reaction can a nation or group of nations expect when leading by example in climate policy? This literature survey describes possible positive reaction mechanisms from different fields of economics, some of which have scarcely been linked to climate economics previously. One effect...
Persistent link: https://www.econbiz.de/10010904926