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We study experimentally whether heterogeneity of behavior in the Centipede game can be interpreted as the result of a learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the opponent's past behavior. We manipulate the...
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This paper reports results of a 100-round Yes-No game experiment conducted under the random matching protocol. In … their repeated ultimatum bargaining experiment. Our main interest is which dynamics emerge when proposers and responders …
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