Mcintosh, Christopher R; Shogren, Jason F; Moravec, Andrew J - In: Economics Bulletin 29 (2009) 3, pp. 2018-2024
We compare behavior in a one-shot Centipede game across several payoff structures including nonlinear payoff tournaments. Assuming Nash to be optimal, results suggest nonlinear tournament payoffs based on overall relative rewards are not sufficient to increase Nash results in the one-shot...