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This paper reports experiments that elicit subjects' initial responses to 16 dominancesolvable two-person guessing games. The structure is publicly announced except for varying payoff parameters, to which subjects are given free access, game by game, through an interface that records their...
Persistent link: https://www.econbiz.de/10002183561
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This paper reports experiments that elicit subjects' initial responses to 16 dominance-solvable two-person guessing games. The structure is publicly announced except for varying payoff parameters, to which subjects are given free access, game by game, through an interface that records their...
Persistent link: https://www.econbiz.de/10010536446
This paper reports experiments designed to study strategic sophistication, the extent to which behavior in games reflects attempts to predict others' decisions, taking their incentives into account. Subjects played normal-form games with various patterns of iterated dominance and unique...
Persistent link: https://www.econbiz.de/10014204746
This paper reports experiments designed to study strategic sophistication, the extent to which behavior in games reflects attempts to predict others' decisions, taking their incentives into account. Subjects played normal-form games with various patterns of iterated dominance and unique...
Persistent link: https://www.econbiz.de/10014148762
This review discusses selected work in experimental game theory. My goals are to further the dialogue between theorists and empiricists that has driven progress in economics and game theory and to guide future experimental work. I focus on experiments whose lessons are relevant to establishing...
Persistent link: https://www.econbiz.de/10014104455