Keser, Claudia; Vogt, Bodo - Sonderforschungsbereich 504 "Rationalitätskonzepte, …; …
In an experimental 2x2 coordination game with two strict equilibria we observe that, in contrast to equilibrium selection theory (Harsanyi and Selten 1988), only half of the subjects choose the strategy that relates to the payoff- and risk-dominant equilibrium. We propose modified risk dominance...