In this paper we investigate the prevalence of turn taking in a set of experiments with finitely repeated games: (i) an allocation game, (ii) a low conflict dominant strategy equilibrium (DSE) game and (iii) a high conflict DSE game. Our experimental conjectures assumes the presence of three...

This paper develops an enduring idea: price rigidity occurs because repeat-purchasing customers in retail markets learn their regular firm's price at each purchase but are informed of other firms' prices less frequently. Although potentially having important implications for macroeconomics,...