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We build on Van Huyck, Gillette and Battalio (1992) and examine the efficacy of credible assignments in a stag-hunt type coordination game with two Pareto-ranked equilibria, one payoff dominant and the other risk dominant. The majority of our subjects fail to coordinate to the payoff dominant...
Persistent link: https://www.econbiz.de/10010629213
We study learning in a simulated tournament using an inter-generational framework. Here a group of subjects are recruited into the lab and play the stage game for 10 rounds. After his participation is over, each player is replaced by another player, his laboratory descendant, who then plays the...
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We use experiments to investigate the use of advice as a coordinating device in the 'Minimum Effort Game' which is a coordination game with weak strategic complementarities and Pareto-ranked equilibria. The game is played by non-overlapping generations of players who, after they are done, pass...
Persistent link: https://www.econbiz.de/10005393427
A substantial body of recent research looks at differences in the behavior of men and women in diverse economic transactions. We contribute to this literature by investigating gender differences in behavior when confronted with a common bribery problem. Our study departs from the previous...
Persistent link: https://www.econbiz.de/10005436184
chapter 1 Introduction Appendix: a very brief and very simple introduction to game -- chapter 2 Part 2: The ultimatum game -- chapter 3 Part 3: Trust and trustworthiness in everyday life -- chapter 4 Part 4: Cooperation in social dilemmas -- chapter 5 I will if you will: resolving coordination...
Persistent link: https://www.econbiz.de/10015068937