may or may not coordinate on the rational equilibrium outcome. A general finding is that under positive expectations … feedback (strategic complementarity) - where optimistic (pessimistic) expectations can cause a boom (bust) - coordination …

may or may not coordinate on the rational equilibrium outcome. A general finding is that under positive expectations … feedback (strategic complementarity) - where optimistic (pessimistic) expectations can cause a boom (bust) - coordination …

-value’ in standard number guessing games) is essential for the results. Furthermore, positive expectations feedback experiments …In repeated number guessing games choices typically converge quickly to the Nash equilibrium. In positive expectations … feedback experiments, however, convergence to the equilibrium price tends to be very slow, if it occurs at all. Both types of …

-value’ in standard number guessing games) is essential for the results. Furthermore, positive expectations feedback experiments …In repeated number guessing games choices typically converge quickly to the Nash equilibrium. In positive expectations … feedback experiments, however, convergence to the equilibrium price tends to be very slow, if it occurs at all. Both types of …

quickly to the Nash equilibrium. In positive expectations feedback experiments, however, convergence to the equilibrium price … for the results. Furthermore, positive expectations feedback experiments may provide good representations of highly …

-value’ in standard number guessing games) is essential for the results. Furthermore, positive expectations feedback experiments …In repeated number guessing games choices typically converge quickly to the Nash equilibrium. In positive expectations … feedback experiments, however, convergence to the equilibrium price tends to be very slow, if it occurs at all. Both types of …