In this paper we try to neutralize the strategic behaviour commonly observed in experimental cobweb markets (Sutan and Willinger, 2002, 2003) in order to restore the coherence of the production decisions and price forecasts. This is done by introducing into the experimental design a circularity...

We here introduce a beauty contest game with negative feedback and interior equilibrium in a multi-period experiment. This game is isomorphic to classical BCG but fit economic situations such as crop production or professional investment better. The game is still being analysed from the eductive...

We study experimentally the impact of pre-play social interactions on negotiations. These interactions are often complex. Thus, we attempt to isolate the impact of several of its more common components: conversations, food, and beverages, which could be alcoholic or nonalcoholic. To do this, our...