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We study (anti-) coordination problems in networks in a laboratory experiment. Participants interact with their …
Persistent link: https://www.econbiz.de/10014195360
Persistent link: https://www.econbiz.de/10010354731
We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the …
Persistent link: https://www.econbiz.de/10008747644
Considering a pure coordination game with a large number of equivalent equilibria, we argue, first, that a focal point that is itself not a Nash equilibrium and is Pareto dominated by all Nash equilibria, may attract the players' choices. Second, we argue that such a non-equilibrium focal point...
Persistent link: https://www.econbiz.de/10012724999
We report some experiments conducted to test whether ambiguity influences behavior in a coordination game. We study the behavior of subjects in the presence of ambiguity and attempt to determine whether they prefer to choose an ambiguity safe option. We find that this strategy, which is not...
Persistent link: https://www.econbiz.de/10014169291
We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the …
Persistent link: https://www.econbiz.de/10014187526
tendency toward 50-50 splits. We conduct a bargaining experiment in which subjects earn their bargaining power through a … ; experiment …
Persistent link: https://www.econbiz.de/10009562233
This paper studies coordination in a multi-stage elimination tournament with large monetary incentives and a diversified subject pool drawn from the adult British population. In the tournament, members of an ad hoc team earn money by answering general knowledge questions and then eliminate one...
Persistent link: https://www.econbiz.de/10012718966
in the MAM experiment overall averaged 94.9%. The data support BEWDS rather than subgame perfect Nash equilibria … outcomes. -- Public good experiment ; Approval mechanism ; Assumed equilibrium concepts …
Persistent link: https://www.econbiz.de/10009742003
We present an economic experiment on network formation, in which subjects can decide to form links to one another …. Direct links are costly but being connected is valuable. The gametheoretic basis for our experiment is the model of Bala and …
Persistent link: https://www.econbiz.de/10013320016