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We study how response time in a laboratory experiment on bank runs affects withdrawal decisions. In our setup, the bank has no fundamental problems, depositors decide equentially (if to keep the money in the bank or to withdraw) and may observe previous decisions depending on the information...
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television game show World Poker Tour as a natural experiment. The results show that professional players strategically choose …
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courts. We apply the method to large datasets of various two-player games (e.g. chess, poker, backgammon, tetris). Our … findings indicate that most popular online games, including poker, are below the threshold of 50% skill and thus depend pre …-dominantly on chance. In fact, poker contains about as much skill as chess when 3 out of 4 chess games are replaced by a coin flip. …
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