Kim, Jeongbin; Palfrey, Thomas R.; Zeidel, Jeffrey - National Bureau of Economic Research - 2025
members, we use the team equilibrium solution concept to analyze these games, providing a framework for group strategic … decision-making under collective choice rules (Kim, et al. 2022). In a team equilibrium, group members have rational … to more or less bluffing and varying aggression compared to Perfect Bayesian Equilibrium. Our experiment varies game …