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We report results from a weak-link - often also called minimum-effort - game experiment with multiple Pareto-ranked strict pure-strategy Nash equilibria, using a real-effort rather than a chosen-effort task: subjects have to sort and count coins and their payoff depends on the worst performance...
Persistent link: https://www.econbiz.de/10012718821
Persistent link: https://www.econbiz.de/10011704282
We report results from a weak-link – often also called minimum-effort – game experiment with multiple Pareto-ranked strict pure-strategy Nash equilibria, using a real-effort rather than a chosen-effort task: subjects have to sort and count coins and their payoff depends on the worst...
Persistent link: https://www.econbiz.de/10005177015