Burnham, Terence C.; Cesarini, David; Johannesson, Magnus; … - In: Journal of Economic Behavior & Organization 72 (2009) 1, pp. 171-175
"Beauty contests" are well-studied, dominance-solvable games that generate two interesting results. First, most behavior does not conform to the unique Nash equilibrium. Second, there is considerable unexplained heterogeneity in behavior. In this work, we explore the relationship between beauty...