Showing 1 - 4 of 4
We study behavior in experimental beauty contests with, first, boundary and interior equilibria, and, second, homogeneous and heterogenous types of players. We find quicker and better convergence to the game-theoretic equilibrium with interior equilibria and homogeneous players. -- beauty...
Persistent link: https://www.econbiz.de/10009614296
described, statistically analyzed, and compared to usual laboratory ultimatum bargaining results. -- fairness ; ultimatum …
Persistent link: https://www.econbiz.de/10009614299
hunted by player 3. One major motivation is to test three benchmark solutions (uniformly perfect, impulse balance and payoff … (partner design) which allows to test whether certain types of behavior are just initial inclinations or stable patterns which …
Persistent link: https://www.econbiz.de/10009613600
experienced over time. Before playing, the working memory (WM) of participants was measured. Data analyses test the correspondence …
Persistent link: https://www.econbiz.de/10009613601