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Does Information Matter? Some Experimental Evidence from a Common-Pool Resource Game
Apesteguia, Jose - 2001
This paper analyzes the effect of the availability of information about the payoff structure on the behavior of players in a Common-Pool Resource game. Six groups of six individuals played a complete information game, while other six groups played the same game but with no information about the...
Persistent link: https://www.econbiz.de/10010317639
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Can You Guess the Game You're Playing?
Oechssler, Jörg; Schipper, Burkhard C. - 2000
Recently there has been much theoretical and experimental work on learning in games. However, learning usually means "learning about the strategic behavior of opponents" rather than "learning about the game" as such. In contrast, here we report on an experiment designed to test whether players...
Persistent link: https://www.econbiz.de/10010317675
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The Two-Person Harvard Game: An Experimental Analysis
Apesteguia, Jose - 2001
Two subjects have to repeatedly choose between two alternatives, A and B, where payoffs of an A or B-choice depend on the choices made by both players in a number of previous choices. Locally, alternative A gives always more payoff than alternative B. However, in terms of overall payoffs...
Persistent link: https://www.econbiz.de/10010317676
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Does Information Matter? Some Experimental Evidence from a Common-Pool Resource Game
Apesteguia, Jose - University of Bonn, Germany - 2001
This paper analyzes the effect of the availability of information about the payoff structure on the behavior of players in a Common-Pool Resource game. Six groups of six individuals played a complete information game, while other six groups played the same game but with no information about the...
Persistent link: https://www.econbiz.de/10004968350
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Can You Guess the Game You're Playing?
Oechssler, Jörg; Schipper, Burkhard C. - University of Bonn, Germany - 2000
Recently there has been much theoretical and experimental work on learning in games. However, learning usually means "learning about the strategic behavior of opponents" rather than "learning about the game" as such. In contrast, here we report on an experiment designed to test whether players...
Persistent link: https://www.econbiz.de/10004968377
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Strategic The Two-Person Harvard Game: An Experimental Analysis
Apesteguia, Jose - University of Bonn, Germany - 2001
Two subjects have to repeatedly choose between two alternatives, A and B, where payoffs of an A or B-choice depend on the choices made by both players in a number of previous choices. Locally, alternative A gives always more payoff than alternative B. However, in terms of overall payoffs...
Persistent link: https://www.econbiz.de/10004968419
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Interactive Unawareness and Speculative Trade
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2003
The standard state-spaces of asymmetric information preclude non- trivial forms of unawareness (Dekel, Lipman and … Rustichini, 1998). We introduce a generalized state-space model that allows for non-trivial unawareness among several individuals …, and which satisfies strong properties of knowledge as well as all the desiderata on unawareness proposed this far in the …
Persistent link: https://www.econbiz.de/10010263088
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A Canonical Model for Interactive Unawareness
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2005
Heifetz, Meier and Schipper (2005) introduced a generalized state-space model that allows for non-trivial unawareness …
Persistent link: https://www.econbiz.de/10010276583
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Unawareness, Beliefs and Games
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - 2007
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are … desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …
Persistent link: https://www.econbiz.de/10010276586
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Unawareness, Beliefs and Games
Heifetz, Aviad; Meier, Martin; Schipper, Burkhard C. - University of Bonn, Germany - 2007
We define a generalized state-space model with interactive unawareness and probabilistic beliefs. Such models are … desirable for many potential applications of asymmetric unawareness. We develop Bayesian games with unawareness, define … restricted from higher to lower awareness levels. We use our unawareness belief structure to show that the common prior …
Persistent link: https://www.econbiz.de/10004968356