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Beliefs and (In)Stability in Normal-Form Games
Hyndman, Kyle; Terracol, Antoine; Vaksmann, Jonathan - Volkswirtschaftliche Fakultät, … - 2013
In this paper, we use experimental data to study players' stability in normal-form games where subjects have to report …
Persistent link: https://www.econbiz.de/10011107567
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Disincentive effects of evaluation
Boleslavsky, Raphael; Carlin, Bruce Ian; Cotton, Christopher - 2019
In a model of project design, evaluation, and selection, we explore how the incentives to improve the design of projects depend on the availability of funding and the process of evaluation. We show that project designers (researchers or NGOs) prefer to subject their projects to less-rigorous...
Persistent link: https://www.econbiz.de/10012431052
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Dumbing down rational players : Learning and teaching in an experimental game.
Terracol, Antoine; Vaksmann, Jonathan - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2007
actually use a teaching strategy by playing an action that induces a poor immediate payoff but is likely to modify the opponent … strategy on achieved outcomes and find that efficient teachers can successfully use teaching in order to reach their favorite …
Persistent link: https://www.econbiz.de/10005696779
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Strategic path reliability in information networks
Kannan, Rajgopal; Sarangi, Sudipta; Iyengar, Sundaraja … - 2002
We consider a model of an information network where nodes can fail and transmission of information is costly. The formation of paths in such networks is modeled as the Nash equilibrium of an N player routing game. The task of obtaining this equilibrium is shown to be NP-Hard. We derive...
Persistent link: https://www.econbiz.de/10011436398
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Public statistics and private experience : varying feedback information in a take-or-pass game
Danz, David; Huck, Steffen; Jehiel, Philippe - 2015
We study how subjects in an experiment use different forms of public information about their opponents' past behavior …. In the absence of public information, subjects appear to use rather detailed statistics summarizing their private … experiences. If they have additional public information, they make use of this information even if it is less precise than their …
Persistent link: https://www.econbiz.de/10011437784
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Can you guess the game you're playing?
Oechssler, Joerg; Schipper, Burkhard - 2000
Recently there has been much theoretical and experimental work on learning in games. However, learning usually means learning about the strategic behavior of opponents rather than learning about the game as such. In contrast, here we report on an experiment designed to test whether players learn...
Persistent link: https://www.econbiz.de/10011539825
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Who runs? : honesty and self-selection into politics
Fehrler, Sebastian; Fischbacher, Urs; Schneider, Maik T. - 2016
We examine the incentives to self-select into politics and how they depend on the transparency of the entry process. To this end, we set up a two-stage political competition model and test its key mechanisms in the lab. At the entry stage, potential candidates compete in a contest to become...
Persistent link: https://www.econbiz.de/10011543745
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Contagion and state dependent mutations
Lee, In-ho; Szeidl, Adam; Valentinyi, Ákos - 2001
Early results of evolutionary game theory showed that the risk dominant equilibrium is uniquely selected in the long run under the best-response dynamics with mutation. Bergin and Lipman (1996) qualified this result by showing that for a given population size the evolutionary process can select...
Persistent link: https://www.econbiz.de/10011545755
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Strategic experimentation : the case of poisson bandits
Cripps, Martin; Keller, Godfrey; Rady, Sven - 2002
is an inefficiently low level of experimentation in any equilibrium where the players use stationary Markovian strategies …
Persistent link: https://www.econbiz.de/10011410236
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Pledges of commitment and cooperation in partnerships
Deer, Lachlan; Bayer, Ralph-C. - 2015 - Revised version, December 2015
We use experimental methods to investigate whether pledges of commitment can improve cooperation in endogenously formed …
Persistent link: https://www.econbiz.de/10011410254