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Persistent link: https://www.econbiz.de/10010191416
Minority games are a stylized description of strategic situations with both coordination and competition. These games are widely studied using either simulations or laboratory experiments. Simulations can show the dynamics of aggregate behavior, but the results of such simulations depend on the...
Persistent link: https://www.econbiz.de/10010785198
This discussion paper resulted in a publication in <I>Games and Economic Behavior</I> (2014). Volume 86, pages 77-95.<P> Minority games are a stylized description of strategic situations with both coordination and competition. These games are widely studied using either simulations or laboratory...</p></i>
Persistent link: https://www.econbiz.de/10011256405
Persistent link: https://www.econbiz.de/10011304991
Minority games are a stylized description of strategic situations with both coordination and competition. These games are widely studied using either simulations or laboratory experiments. Simulations can show the dynamics of aggregate behavior, but the results of such simulations depend on the...
Persistent link: https://www.econbiz.de/10013085585
Understanding whether preferences are sensitive to the frame has been a major topic of debate in the last decades. For example, several works have explored whether the dictator game in the give frame gives rise to a different rate of pro-sociality than the same game in the take frame, leading to...
Persistent link: https://www.econbiz.de/10014113704
rule. Team discussions are recorded and their content analyzed to detect evidence of strategy co-evolution among teams … egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co-evolution …
Persistent link: https://www.econbiz.de/10010328516
We report experimental and theoretical results on the minority of three-game where three players have to choose one of two alternatives independently and the most rewarding alternative is the one chosen by a single player. This coordination game has many asymmetric equilibria in pure strategies...
Persistent link: https://www.econbiz.de/10010281623
rule. Team discussions are recorded and their content analyzed to detect evidence of strategy co-evolution among teams … co-evolution of decision rules rather than on conformity to equilibrium behavior. In addition, they provide support at …
Persistent link: https://www.econbiz.de/10009250023
rule. Team discussions are recorded and their content analyzed to detect evidence of strategy co-evolution among teams … egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co-evolution …
Persistent link: https://www.econbiz.de/10009193012