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"We explore the extent to which the lack of Nash payoff maximization in experimental games is attributable to the "sophistication" of participants (i.e., their understanding of strategic decision making and profit-maximizing decisions). To this end, we compare the behaviors of sophisticated...
Persistent link: https://www.econbiz.de/10005024177
"We use tools from experimental economics to address the age-old debate regarding who was a better singer in the band AC/DC. Our results suggest that (using wealth maximization as a measure of "better") listening to Brian Johnson (relative to listening to Bon Scott) resulted in "better" outcomes...
Persistent link: https://www.econbiz.de/10005024185
Persistent link: https://www.econbiz.de/10010697053