balance equilibrium) in such a complex strategic setting. In the experiment three participants play repeatedly the game …

being outguessed. In an experiment, 60 pairs of participants (partner design) played many rounds of the Parasite game. The …

In this paper we investigate four hypotheses which are inconsistent with expected utility theory, but may well be … explained by prospect theory. It deals with framing, the non-linearity of subjective probabilities, the disposition effect, and …) found little correspondence between different experimental risk elicitation methods. -- Prospect Theory ; Framing …

dividend earnings. However in line with prospect theory, it can be shown that a purchase of assets is perceived as a subjective … ; prospect theory …

the two mechanisms for the symmetric case. We show that subjects in a computerized experiment prefer the two-bid auction …