We conducted asset market experiments where one experienced subject interacts with five inexperienced subjects to investigate how experienced subjects change their price forecasts and trading behavior when faced with strategic uncertainty caused by inflows of inexperienced subjects. Only half...

We conducted a sensitivity analysis of the results of weighted voting experiments by varying two features of the experimental protocol by Montero et al. (Soc Choice Welf 30(1):69–87, <CitationRef CitationID="CR15">2008</CitationRef>): (1) the way in which the roles of subjects are reassigned in each round [random role (RR) vs. fixed role...</citationref>

This paper presents a model of learning about a game. Players initially have little knowledge about the game. Through playing the same game repeatedly, each player not only learns which action to choose but also constructs a personal view of the game. The model is studied using a hybrid payoff...

It has been argued in the economic literature that job search through informal job networks improves the employer-employee match quality. This paper argues that inventors' research collaboration networks reduce the uncertainty of firms about the match qualities of inventors prior to hiring. We...

In this paper, we provide an empirical analysis of evolving networks of successful R&D collaborations in the IT industry (consisting of firms that obtained patents in the technological category of computers and communication) in the U.S. between 1985 and 1995. We first show that the R&D network...

We use adaptive models to understand the dynamics that lead to efficient and fair outcomes in a repeated Battle of the Sexes game. Human subjects appear to easily recognize the possibility of a coordinated alternation of actions as a mean to generate an efficient and fair outcome. Yet such...