Showing 1 - 6 of 6
This paper provides experimental evidence on forward induction as a refinement criterion. In the basic extensive form, one of the two players chooses to play a battle-of-the-sexes game or to receive a certain payoff. According to forward induction, choosing to play the game is a signal about...
Persistent link: https://www.econbiz.de/10005821440
We report experimental results on the role of preplay communication in a one-shot, symmetric battle of the sexes game. We conducted games in which there was no communication, and we studied the effects of three different communication structures: one-way communication with one round of messages...
Persistent link: https://www.econbiz.de/10005357101
Persistent link: https://www.econbiz.de/10005413593
We study the selection of an equilibrium for coordination games: symmetric, simultaneous move, complete information games which have multiple, Pareto-ranked Nash equilibria. We design and experiment to explore regularities in the observed outcomes for this class of games. With replication, we...
Persistent link: https://www.econbiz.de/10004992891
Persistent link: https://www.econbiz.de/10005671432
Persistent link: https://www.econbiz.de/10006869098