We asked subjects to self-select into one of two contests, "coin" or "die." The winner in each of the contests is the person with most correct guesses of 20 coin flips or 20 rolls of a die, respectively. Most subjects reported that they believed that most people would go to the "coin" group....

In this note, we experimentally investigate the extended game with action commitment in a Cournot duopoly with asymmetric cost. Risk dominance considerations allow to select a unique equilibrium in which the low-cost firm is the Stackelberg leader. The data, however, do not support the theory as...

Frontmatter -- CONTENTS -- Permissions -- Foreword -- Contributor -- An Appreciation -- Contributor -- 1. Equilibrium Points in n-Person Games. PNAS 36 (1950) 48-49. -- 2. The Bargaining Problem. Econometrica 18 (1950) 155-162. -- 3. Non-Cooperative Games. Annals of Mathematics 54 (1951)...

This is the classic work upon which modern-day game theory is based. What began more than sixty years ago as a modest proposal that a mathematician and an economist write a short paper together blossomed, in 1944, when Princeton University Press published Theory of Games and Economic Behavior....