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We report the results of an experiment that examines play in a 50 periods repetition of a two-player coordination game (Stag Hunt game), which admits two pure strategy Nash equilibria that are Pareto-ranked : a payoff-dominant equilibrium and a risk-dominant equilibrium. We consider a 2x3...
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This paper reports laboratory experiments designed to study the impact of public information about past departure rates on congestion levels and travel costs. Our design is based on a discrete version of Arnott et al.'s (1990) bottleneck model. In all treatments, congestion occurs and the...
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