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actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility. We …
Persistent link: https://www.econbiz.de/10011422170
identical actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility …
Persistent link: https://www.econbiz.de/10010270592
This paper experimentally examines behavior in a two-player game of attack and defense of a weakest-link network of targets, in which the attacker's objective is to successfully attack at least one target and the defender's objective is diametrically opposed. We apply two benchmark contest...
Persistent link: https://www.econbiz.de/10010274929
We present a simple procedure that selects the strategies most likely to be played by inexperienced agents who interact in one shot 2x2 matching pennies games. As a first step we axiomatically describe players' beliefs. We find the minimax regret criterion to be the simplest functional form that...
Persistent link: https://www.econbiz.de/10010312257
We report the findings of experiments designed to study how people learn in network games. Network games offer new …
Persistent link: https://www.econbiz.de/10011995513
is studied experimentally. The experiment allow us to study the main parameters of the model, suggesting that we should …
Persistent link: https://www.econbiz.de/10010263784
We study (anti-) coordination problems in networks in a laboratory experiment. Partici- pants interact with their …
Persistent link: https://www.econbiz.de/10010272506
In a contest players compete for winning a prize by effort and thereby increasing their probability of winning. Contestants, however, could also improve their own relative position by harming the other players. We experimentally analyze contests with heterogeneous agents who may individually...
Persistent link: https://www.econbiz.de/10010263109
experiments in contrast to analog experimental results on price-competition in the literature. …
Persistent link: https://www.econbiz.de/10010263110
We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …
Persistent link: https://www.econbiz.de/10010263153