sequencing structure of game types, game rules do matter, and directional learning theory offers a partial explanation for bid …We examine learning behavior in auctions and Fair division games with independent private values under two different … than single bids. This allows us to examine whether learning is influenced by the structural differences between games. We …

Robust learning experiments confront participants with structurally different decision environments which they …

player can obtain a signal for free (as in the experiment by Anderson and Holt, 1997, American Economic Review), the case of …

On the basis of a real high stakes insurance experiment with small probabilities of losses, we demonstrate that concern … coverage, a result we are able to replicate. In our experiment, belonging to either the group of "threshold persons" or to …

In this paper we present an experiment on the false consensus effect. Unlike previous experiments, we provide monetary …

The theory of industrial organization has experienced an impressive boom by using the methods of (non-cooperative) game … theory. The conclusions depend, however. crucially on subtle details of the market decision processes about which there exist …

possibility is to adopt restrictions from economic theory. The purpose of this paper is to investigate the implications of the …