Narrow search
Showing 1 - 10 of 6,451
Cover Image
Coordination in Networks Formation: Experimental Evidence on Learning and Salience
Galizzi, Matteo; Bernasconi, Michele - 2005
We present experiments on repeated non-cooperative network formation games, based on Bala and Goyal (2000). We treat … coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics …. Contrary to previous experiments, we find that coordination on non-empty Strict Nash equilibria is not an easy task for …
Persistent link: https://www.econbiz.de/10010312592
Cover Image
Testing the TASP: An experimental investigation of learning in games with unstable equilibria
Cason, Timothy N.; Friedman, Daniel; Hopkins, Ed - 2009
We report experiments designed to test between Nash equilibria that are stable and unstable under learning. The 'TASP …
Persistent link: https://www.econbiz.de/10010288137
Cover Image
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
Cover Image
Motives behind cooperation in finitely repeated prisoner's dilemma
Chakraborty, Anujit - 2022
This paper deploys a novel experiment to compare four theories that explain both selfish and non-selfish cooperation. The four theories capture incomplete information (à la Kreps et al. (1982)) alongside the following four non-selfish motives: caring about others (Altruism), being conscientious...
Persistent link: https://www.econbiz.de/10013368347
Cover Image
It's all about Connections: Evidence on Network Formation
Falk, Armin; Kosfeld, Michael - 2003
(strict) Nash networks in the 1-way flow model but a negative impact in the 2-way flow model. In our discussion on possible …
Persistent link: https://www.econbiz.de/10010262760
Cover Image
Cournot Competition between Teams: An Experimental Study
Schipper, Burkhard C.; Raab, Philippe - 2004
experiments in contrast to analog experimental results on price-competition in the literature. …
Persistent link: https://www.econbiz.de/10010263110
Cover Image
Rage Against the Machines: How Subjects Learn to Play Against Computers
Dürsch, Peter; Kolb, Albert; Oechssler, Jörg; … - 2005
We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, reinforcement learning, and a trial...
Persistent link: https://www.econbiz.de/10010263153
Cover Image
Experimentally Observed Imitation and Cooperation in Price Competition on the Circle
Selten, Reinhard; Apesteguia, José - 2002
willingness to pay. Experiments, extended over 200 periods, were run with 3, 4, and 5 participants. Subjects did not receive any …
Persistent link: https://www.econbiz.de/10010270575
Cover Image
Imitation - Theory and Experimental Evidence
Apesteguia, José; Huck, Steffen; Oechssler, Jörg - 2003
We introduce a generalized theoretical approach to study imitation models and subject the models to rigorous experimental testing. In our theoretical analysis we find that the different predictions of previous imitation models are due to different informational assumptions, not to different...
Persistent link: https://www.econbiz.de/10010270576
Cover Image
Imitation and the evolution of Walrasian behavior: theoretically fragile but behaviorally robust
Apesteguia, José; Huck, Steffen; Oechssler, Jörg; … - 2008
identical actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility …
Persistent link: https://www.econbiz.de/10010270592