bidders with CARA utilities and conduct an experimental study to test the theoretical predictions. In our experiment, subjects … experiment is lower than in the symmetric equilibrium. …

relationship between the power to coerce and exploitation in a laboratory experiment where a senior and a junior player interact …

unknown probabilities, i.e., they are ambiguity averse. In an experiment, we examine subjects’ choices when there is an …

and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those …