Devetag, Giovanna; Pancotto, Francesca; Brenner, Thomas - Laboratory of Economics and Management (LEM), Scuola … - 2011
In minority games, players in a group must decide at each round which of two available options to choose, knowing that … only subjects who picked the minority op- tion obtain a positive reward. Previous experiments on the minority and similar … conforming to Nash equilibrium behavior. We conduct an experiment on a minority-of-three game in which each player is a team …