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Strategy choice in the infinitely repeated prisoners' dilemma
Dal Bó, Pedro; Fréchette, Guillaume R. - 2013
experiment. We ask subjects to design strategies that will play in their place. We find that eliciting strategies has negligible …
Persistent link: https://www.econbiz.de/10010195365
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Inequity aversion and limited foresight in the repeated prisoner's dilemma
Backhaus, Teresa; Breitmoser, Yves - 2021
the structure of coordination games and approximately explains the strategies played using Schelling's focal points: after … (c,c) subjects play according to the coordination game's cooperative equilibrium, after (d,d) they play according to its …
Persistent link: https://www.econbiz.de/10012617057
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God does not play dice, but do we? : on the determinism of choice in long-run interactions
Backhaus, Teresa; Breitmoser, Yves - 2018
When do we cooperate and why? This question concerns one of the most persistent divides between "theory and practice …", between predictions from game theory and results from experimental studies. For about 15 years, theoretical analyses predict … predicted by theory. …
Persistent link: https://www.econbiz.de/10011902714
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The power of sunspots : an experimental analysis
Fehr, Dietmar; Heinemann, Frank; Llorente-Saguer, Aniol - 2017
This paper presents an experiment on a coordination game with extrinsic random signals, in which we systematically vary …
Persistent link: https://www.econbiz.de/10011596121
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Intertemporal hedging and trade in repeated games with recursive utility
Kochov, Asen; Song, Yangwei - 2022
Recursive preferences have found widespread application in representative-agent asset-pricing models and general equilibrium. A majority of these applications exploit two decision-theoretic properties not shared by the standard model of intertemporal choice: (i) agents care about the...
Persistent link: https://www.econbiz.de/10014476731
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Continuous time repeated games of complete information
Bergin, James - 1987
Persistent link: https://www.econbiz.de/10003489385
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International trade, minimum quality standards and the prisoners' dilemma
Petropoulou, Dimitra (contributor) - 2008
Persistent link: https://www.econbiz.de/10003649976
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Coordination under loss contracts
Ahrens, Steffen; Bitter, Lea; Bosch-Rosa, Ciril - 2020
coordination when there is strategic uncertainty. We compare the choices made by experimental subjects in a minimum effort game. In … coordination between group members, both leading to lower payoffs. However, these results depend strongly on the group's gender …
Persistent link: https://www.econbiz.de/10012285502
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Communication and behavior in organizations : an experiment
Evdokimov, Piotr; Garfagnini, Umberto - 2018
We design a laboratory experiment to study behavior in a multidivisional organization facing a trade-off between … than predicted coordination in centralized organizations. We show that the observed deviations disappear when uncertainty …
Persistent link: https://www.econbiz.de/10011872542
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Cournot meets Bayes-Nash : a discontinuity in behavior in finitely repeated duopoly games
Argenton, Cédric; Ivanova-Stenzel, Radosveta; Müller, … - 2023
We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our treatments include markets with (a) complete cost symmetry and complete information, (b) slight cost asymmetry and complete information, and (c) varying cost asymmetries and...
Persistent link: https://www.econbiz.de/10014487322