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Global games of regime change – coordination games of incomplete information in which a status quo is abandoned once a … ; coordination ; multiple equilibria ; information dynamics ; crises …
Persistent link: https://www.econbiz.de/10008665284
present an experiment on a coordination game in which extrinsic random signals may generate sunspot equilibria. They measure … the risk-dominant equilibrium. -- coordination games ; strategic uncertainty ; sunspot equilibria ; irrelevant information …
Persistent link: https://www.econbiz.de/10009723757
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In this paper, the authors continue the pursuit of the self-coordination mechanism as studied in the El Farol Bar …
Persistent link: https://www.econbiz.de/10009713788
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How can naivete about present bias persist despite experience? To answer this question, our experiment investigates participants' ability to learn from their own behavior. Participants decide how much to work on a real effort task on two predetermined dates. In the week preceding each work date,...
Persistent link: https://www.econbiz.de/10011976128
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The question to what extent social environment affects how individuals govern their groups, has received no special academic attention, yet. Within the framework of a ten-period public goods experi&ment we analyse how social identity affects subjects ́choice of punishment: They may either...
Persistent link: https://www.econbiz.de/10010336543
To investigate the external validity of Ultimatum and Dictator game behavior we conduct experiments in field settings with naturally occurring variation in "social framing." Our participants are students at Middlebury College, non-traditional students at Kansas City Kansas Community College...
Persistent link: https://www.econbiz.de/10002453274