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an experimental study 1 equilibrium selection 1 learning 1 task complexity 1
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Ho, Teck-Hua 1 Weigelt, Keith 1
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Task Complexity, Equilibrium Selection, and Learning: An Experimental Study
Ho, Teck-Hua; Weigelt, Keith - In: Management Science 42 (1996) 5, pp. 659-679
We consider several coordination games with multiple equilibria each of which is a different division of a fixed pie. Laboratory experiments are conducted to address whether "task complexity" affects the selection of equilibrium by subjects. Three measures of task complexity---cardinality of...
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