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Participants in cobweb experimental markets simultaneously take two decisions : a production decision and a price forecast. In this paper we try to neutralize the strategic behaviour commonly observed in this type of markets (Sutan and Willinger, 2002, 2003) in order to restore the coherence of...
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We report the results of an experiment that examines play in a 50 periods repetition of a two-player coordination game (Stag Hunt game), which admits two pure strategy Nash equilibria that are Pareto-ranked : a payoff-dominant equilibrium and a risk-dominant equilibrium. We consider a 2x3...
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