Showing 1 - 10 of 625,127
Persistent link: https://www.econbiz.de/10012022657
Most models of ambiguity aversion satisfy Anscombe-Aumann's Monotonicity axiom. Monotonicity imposes separability of preferences across events that occur with unknown probability. We construct a test of Monotonicity by modifying the Allais paradox to a setting with both subjective and objective...
Persistent link: https://www.econbiz.de/10011657339
Persistent link: https://www.econbiz.de/10011345949
of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment …
Persistent link: https://www.econbiz.de/10010364492
Persistent link: https://www.econbiz.de/10010365624
Persistent link: https://www.econbiz.de/10011486176
In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they …
Persistent link: https://www.econbiz.de/10010401724
We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag …
Persistent link: https://www.econbiz.de/10010478988
Persistent link: https://www.econbiz.de/10012050671
interaction. We constructed an experiment where participants chose the group size, either a low-value partnership or a high …
Persistent link: https://www.econbiz.de/10011713754