We introduce a simple procedure to be used for selecting the strategies most likely to be played by inexperienced agents who interact in one shot 2x2 games. We start with an axiomatic description of a function that may capture players' beliefs. Various proposals connected with the concept of...

Analyzing a sequential bargaining framework with one retailer and two suppliers of substitutable goods, we show that slotting fees may emerge as a result of a rent-shifting mechanism when consumer shopping costs are taken into account. If consumers economize on their shopping costs by bundling...

Lifestyle data are rarely used in multivariate economic and social studies because the data describe the probability of having a categorical attribute. We propose a novel conversion of lifestyle data into metric scale values. Examining the 2001 referendum on the Allianz-Arena in Munich, our...