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bottom-up budget process. We show, using structurally induced equilibrium theory, that this may but need not be the case. To … test the implications for budget processes of structurally induced equilibrium theory, we conduct a series of experiments …. The evidence from these experiments supports the predictions of structurally induced equilibrium theory, both at the …
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experimentally the theoretical predictions of their work. The evidence from these experiments lends strong support to their theory …
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In seiner Besprechung der 1. Auflage dieser umfangreichen Einführung in die nicht-kooperative Spieltheorie lobte Martin A. Lobeck das anschauliche Beispielmaterial und schrieb: "Die Autoren, alle Volkswirtschaftler, legen den Schwerpunkt auf die ökonomischen Anwendungen der Spieltheorie und...
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