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strategy spaces. In the experiment, a team of two players plays as one entity against other teams. Team members communicate …
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observed in laboratory experiments. Our model predicts this property …
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We consider an auction in which the behavior of one potential bidder departs mildly from full rationality. We show that … rational potential bidders from entering an auction. Furthermore, this departure from full rationality does not reduce the …
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In this paper we conduct a laboratory experiment to test the extent to which Moore and Repullo's subgame perfect …
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In this paper we conduct a laboratory experiment to test the extent to which Moore and Repullo’s subgame perfect …
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