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Persistent link: https://www.econbiz.de/10005413544
We study both theoretically and experimentally the decisions players make in two queueing games with batch service. In both games, players are asked to independently decide when to join a discrete-time queue to receive service, or they may simply choose not to join it at all. Equilibrium...
Persistent link: https://www.econbiz.de/10005062725
We study batch queueing systems with continuous time, finite commuter populations, single server, and endogenously determined arrival times. Symmetric equilibrium solutions in mixed strategies are constructed and subsequently tested in two experiments that examine two different batch queueing...
Persistent link: https://www.econbiz.de/10008868419
Persistent link: https://www.econbiz.de/10008221832
We extend the sealed-bid k-double-auction mechanism from a single- to two-round game where offers are made simultaneously during each round. If an agreement is reached on round 1, then the traders realize their profit and the game is over. If not, equipped with information about the round 1 bids...
Persistent link: https://www.econbiz.de/10014028808
Persistent link: https://www.econbiz.de/10003483427
We study both theoretically and experimentally the decisions players make in two queueing games with batch service. In both games, players are asked to independently decide when to join a discrete-time queue to receive service, or they may simply choose not to join it at all. Equilibrium...
Persistent link: https://www.econbiz.de/10014028689
Persistent link: https://www.econbiz.de/10004854710
Persistent link: https://www.econbiz.de/10005383519
We study experimentally a class of pure coordination games as a special case of the Consumer Choice of Prizes game developed by Rapoport et al. (2000). We find a high level of group coordination coupled with considerable switching in the choice of locations. Two models are proposed and tested to...
Persistent link: https://www.econbiz.de/10005408213