This paper reports an experiment on a location game, the so-called "Price-Competition on the Circle." There are n … willingness to pay. Experiments, extended over 200 periods, were run with 3, 4, and 5 participants. Subjects did not receive any …

subjects in a game playing experiment and the strategies programmed by highly experienced subjects. The synopsis of these two …

experiments in contrast to analog experimental results on price-competition in the literature. …

on an experiment designed to test whether players learn a) the relevant features of the payoff structure of a 2x2 game (e …

We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …

. In a laboratory experiment we test the different theories by systematically varying information conditions. We find that …

. We review previous Cournot experiments in the literature. Additionally, we conduct a new series of experiments studying …

Essential characteristics of corruption are (1) a reciprocity relationship between briber and public official, (2 …) negative welfare effects, and (3) high penalties when discovered. We separate the influences of these factors in an experiment … exclusion from the experiment without payment. The results show that reciprocity establishes bribery relationships, where …