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This paper uses experimental data to examine the existence of a teaching strategy among bounded rational players. If players realize that their own actions modify their opponent's beliefs and actions, they might play certain actions to this specific end ; and forego immediate payoffs if the...
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This paper uses experimental data to examine the existence of a teaching strategy among boundedly rational players. If players realize that their own actions modify their opponents' beliefs and actions, they might play certain actions to this specific end and forego immediate payoffs if the...
Persistent link: https://www.econbiz.de/10005005795
Traditional models of belief formation in repeated games assume adaptive players who do not take strategic interactions into account. We find that these approaches are limited in the sense that people think more strategically and realize that, in contrast with the classical view, their own...
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In this paper, we use experimental data to study players' stability in normal-form games where subjects have to report beliefs and to choose actions. Subjects saw each of 12 games four times in a regular or isomorphic form spread over two days without feedback. We document a high degree of...
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L’étude de l’incidence des dispositifs d’assurance chômage sur l’offre de travail s’est limitée jusqu’ici, faute de données, au système de protection sociale au travers de l’allocation chômage. Cependant, au cours des années 90, de plus en plus de ménages ont constitué une...
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