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of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment … ability to that of character skills, and find that both cognition and personality affect behavior and learning. More agreeable …
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Overbidding in sealed-bid second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we...
Persistent link: https://www.econbiz.de/10014476711
Overbidding in second-price auctions (SPAs) has been shown to be persistent and associated with cognitive ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills. Employing an order-balanced design, we use...
Persistent link: https://www.econbiz.de/10012668312
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Do agents believe to be agreeing more with others in the long-run? This paper designs an experiment to study how …
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