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laboratory experiment to investigate whether observed behavior is consistent with this prediction. In the complete information …
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A well-known result from the theory of finitely repeated games states that if the stage game has a unique equilibrium, then there is a unique subgame perfect equilibrium in the finitely repeated game in which the equilibrium of the stage game is being played in every period. Here I show that...
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We run an experiment that gives subjects the opportunity to hedge away ambiguity in an Ellsberg-style experiment …
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relatively complex environments. In this experiment we test whether subjects are more likely to use imitation if they are under …
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former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place …
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