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This paper studies a game of strategic experimentation in which the players have access to two-armed bandits where the risky arm distributes lumpsum payoffs according to a Poisson process with unknown intensity. Because of free-riding, there is an inefficiently low level of experimentation in...
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auch in diesem Kontext als robust. Andererseits spielt es eine große Rolle, wie lange man Subjekte im Experiment lernen …
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them in equilibrium action. A laboratory experiment provides evidence that the effect of strategic complementarities on the …
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conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team …
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