dominance criterion, the global game theory, and the maximin criterion. We present experimental evidence that both the relative …

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 …