Fehr, Dietmar; Heinemann, Frank; Llorente-Saguer, Aniol - 2012 - This version: October 18, 2012
The authors show how the influence of extrinsic random signals depends on the noise structure of these signals. They present an experiment on a coordination game in which extrinsic random signals may generate sunspot equilibria. They measure how these signals affect behavior. Sunspot equilibria...
