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starting network. To study factors affecting equilibrium selection, we designed a network formation experiment with multiple …
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We design experimental games to evaluate the predictive power of the first cheap‐talk refinement, neologism‐proofness. In our first set of treatments designed to evaluate the refinement with its usual emphasis on literal meanings, we find that a fully revealing equilibrium that is...
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, the extent to which the Nash threat leads to Pareto-improving extraction levels. Through our experiment, we confirm the …
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We report experimental results on voluntary contributions to public-goods provision from situations in which parties can create institutions to impose a certain contribution level on its members. We focus on a public-goods game where the joint decisions inside the institution are made based on...
Persistent link: https://www.econbiz.de/10011771301
for point identification of the model. Then the model is estimated on data from an experiment involving two …
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