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Persistent link: https://www.econbiz.de/10012138046
We seek to find the statistical model that most accurately describes empirically observed results in sports. The idea of a transitive relation concerning the team strengths is implemented by imposing a set of constraints on the outcome probabilities. We theoretically investigate the resulting...
Persistent link: https://www.econbiz.de/10010403084
We investigate the effect of absence of common knowledge on the outcomes of coordination games in a laboratory experiment. Using cognitive types, we can explain coordination failure in pure coordination games while differentiating between coordination failure due to first- and higher-order...
Persistent link: https://www.econbiz.de/10011537616
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We investigate the effect of absence of common knowledge on the outcomes of coordination games in a laboratory experiment.Using cognitive types, we can explain coordination failure in pure coordination games while differentiating between coordination failure due to first- and higher-order...
Persistent link: https://www.econbiz.de/10012935505
We analyze a dynamic moral hazard problem in teams with imperfect monitoring in continuous time. In the model, players are working together to achieve a breakthrough in a project while facing a deadline. The effort needed to achieve a breakthrough is unknown but players have a common prior about...
Persistent link: https://www.econbiz.de/10012937113
We collect data of one-shot play for a representative selection of two by two games with unique and completely mixed strategy predictions, to compare the predictive power of theories of one-shot play ``out of treatment:'' competing theories are calibrated with pre-existing data using different...
Persistent link: https://www.econbiz.de/10012848069
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