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Are the treasures of game theory ambiguous?

Eichberger, Jürgen; Kelsey, David - 2008 - This version: May 27, 2008

Goeree & Holt (2001) observe that, for some parameter values, Nash equilibrium provides good predictions for actual behaviour in experiments. For other payoff parameters, however, actual behaviour deviates consistently from that predicted by Nash equilibria. They attribute the robust deviations...

Persistent link: https://www.econbiz.de/10003747353

Measuring strategic uncertainty in coordination games

Heinemann, Frank (contributor); Nagel, Rosemarie (contributor) - 2004

Persistent link: https://www.econbiz.de/10002576121

Measuring strategic uncertainty in coordination games

Heinemann, Frank (contributor); Nagel, Rosemarie (contributor) - 2004

subjective beliefs of players. In a laboratory experiment we measure subjects ̕certainty equivalents for three coordination games … and one lottery. Behavior in coordination games is related to risk aversion, experience seeking, and age. From the … distribution of certainty equivalents we estimate probabilities for successful coordination in a wide range of games. For many …

Persistent link: https://www.econbiz.de/10002521686

Measuring Strategic Uncertainty in Coordination Games

Heinemann, Frank; Nagel, Rosemarie; Ockenfels, Peter - 2021

subjective beliefs of players. In a laboratory experiment, we measure subjects' certainty equivalents for three coordination … games and one lottery. Behavior in coordination games is related to risk aversion, experience seeking, and age. From the … distribution of certainty equivalents, we estimate probabilities for successful coordination in a wide range of games. For many …

Persistent link: https://www.econbiz.de/10013318801

Are the Treasures of Game Theory Ambiguous?

Eichberger, Jürgen; Kelsey, David - 2014

Goeree and Holt (2001) experimentally study a number of games. In each case they initially find strong support for Nash equilibrium, however by changing an apparently irrelevant parameter they find results which contradict Nash equilibrium. In this paper, we study the five normal form games from...

Persistent link: https://www.econbiz.de/10014145375

Measuring Strategic Uncertainty in Coordination Games

Heinemann, Frank; Ockenfels, Peter - 2006

subjective beliefs of players. In a laboratory experiment we measure subjects' certainty equivalents for three coordination games … and one lottery. Behavior in coordination games is related to risk aversion, experience seeking, and age. From the … distribution of certainty equivalents we estimate probabilities for successful coordination in a wide range of games. For many …

Persistent link: https://www.econbiz.de/10014061293

Are the treasures of game theory ambiguous

Eichberger, Jürgen - 2008

Persistent link: https://www.econbiz.de/10013442643

Better the devil you know : the effects of group identity uncertainty on coordination efficiency

Bronchal, Adrià - In: Journal of economic behavior & organization : JEBO 214 (2023), pp. 634-656

Persistent link: https://www.econbiz.de/10014478374

Communication and coordination : experimental evidence from farmer groups in Senegal

Aflagah, Fo Kodjo Dzinyefa; Bernard, Tanguy; Viceisza, … - 2015

Persistent link: https://www.econbiz.de/10011333542

Coordination and cooperation problems in network good production

Knigge, Antonie; Buskens, Vincent Willem - In: Games 1 (2010) 3, pp. 357-380

collaboration in a dynamic network setting. We develop an experiment in which coordination problems are mainly due to finding … together rather than investing separately. We study the coordination and cooperation problems that might hinder successful … collaborate. The results show that as costs of forming links increase, groups succeed less often in solving the coordination …

Persistent link: https://www.econbiz.de/10009752455