Alba-Fernández, Virtudes; Brañas-Garza, Pablo; … - Instituto de Estudios Sociales de Andalucía (IESA) - 2004
The aim of this investigation is to show how the use of classroom experiments may be a good pedagogical tool to teach the Nash equilibrium (NE) concept. For our purposes, the basic game is a repeated version of the Beauty Contest Game (BCG), a simple guessing game in which repetition lets...