In this paper we conduct a laboratory experiment to test the extent to which Moore and Repullo's subgame perfect …

explore the effectiveness of two policies intended to facilitate such integration, using a laboratory experiment that models …

with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending …. As a result, intra-group communication decreases while inter-group communication increases payoffs. Our experiment thus …

company takeover experiment, groups placed better bids than individuals and substantially reduced the winner’s curse. This …

bubble. The results of the experiment suggest that the company’s attempt to exchange its shares for government debt was the …

setting. The experiments replicate an OTC market similar to the one used in monetary and financial economics (Shi, 1995 … its lack of "recognizability." We study a benchmark experiment where the OTC bargaining game takes place under complete … information, a set of experiments with adverse selection where the terminal value of notes are determined exogenously, and a set …

would result. In a series of laboratory experiments we study price formation in markets with private and common values …