Cox, James C.; Servátka, Maroš; Vadovic, Radovan - Department of Economics and Finance, College of … - 2009
This paper reports an experiment designed to shed light on an empirical puzzle observed by Dufwenberg and Gneezy (2000) that the size of the foregone outside option by the first mover does not affect the behavior of the second mover in a lost wallet game. Our conjecture was that the original...