Ricciuti, Roberto; Innocenti, Alessandro; Caminati, Mauro - In: Economics Bulletin 3 (2008) 19, pp. 1-7
The theory of drift (Binmore and Samuelson 1999) concerns equilibrium selection in which second-order disturbances may have first-order effects in the emergence of one equilibrium over the other. We provided experimental evidence with human players supporting the model in Caminati, Innocenti and...
