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Coordination in Networks Formation: Experimental Evidence on Learning and Salience

Galizzi, Matteo; Bernasconi, Michele - 2005

We present experiments on repeated non-cooperative network formation games, based on Bala and Goyal (2000). We treat … coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics …. Contrary to previous experiments, we find that coordination on non-empty Strict Nash equilibria is not an easy task for …

Persistent link: https://www.econbiz.de/10010312592

Network formation in repeated interactions: experimental evidence on dynamic behaviour

Bernasconi, Michele; Galizzi, Matteo - In: Mind and Society: Cognitive Studies in Economics and … 9 (2010) 2, pp. 193-228

Persistent link: https://www.econbiz.de/10008775965

Can You Guess the Game You're Playing?

Oechssler, Jörg; Schipper, Burkhard C. - 2000

Recently there has been much theoretical and experimental work on learning in games. However, learning usually means "learning about the strategic behavior of opponents" rather than "learning about the game" as such. In contrast, here we report on an experiment designed to test whether players...

Persistent link: https://www.econbiz.de/10010317675

Can You Guess the Game You're Playing?

Oechssler, Jörg; Schipper, Burkhard C. - University of Bonn, Germany - 2000

Persistent link: https://www.econbiz.de/10004968377

Legitimacy, Communication and Leadership in the Turnaround Game

Brandts, Jordi; Cooper, David J.; Weber, Roberto A. - Departament d'Economia i Història Econòmica, … - 2014

We study the effectiveness of leaders for inducing coordinated organizational change to a more efficient equilibrium, i.e., a turnaround. We compare communication from leaders to incentive increases and also compare the effectiveness of randomly selected and elected leaders. While all...

Persistent link: https://www.econbiz.de/10010836458

Local and Group Interaction in Prisoners` Dilemmas

Kirchkamp, Oliver; Nagel, Rosemarie - Sonderforschungsbereich 504 "Rationalitätskonzepte, …; … - 2000

We experimentally study the effects of locality in a repeated prisoners' dilemma. We compare players located on a circle with those in neighbourless groups. On circles players interact only with neighbours, but not with distant players. In groups all players interact with each other in the same...

Persistent link: https://www.econbiz.de/10005628225

A Simple Test of Learning Theory?

Engle-Warnick, Jim; Hopkins, Ed - School of Economics, University of Edinburgh - 2006

We report experiments designed to test the theoretical possibility, first discovered by Shapley (1964), that in some …

Persistent link: https://www.econbiz.de/10005147110

Equilibrium selection in static and dynamic entry games

Duffy, John; Ochs, Jack - In: Games and Economic Behavior 76 (2012) 1, pp. 97-116

We experimentally assess the predictive power of two equilibrium selection principles for binary N-player entry games with strategic complementarities. In static entry games, we test the theory of global games which posits that players play games of complete information as if they were playing a...

Persistent link: https://www.econbiz.de/10010664595

Can you guess the game you're playing?

Oechssler, Joerg; Schipper, Burkhard - 2000

Recently there has been much theoretical and experimental work on learning in games. However, learning usually means learning about the strategic behavior of opponents rather than learning about the game as such. In contrast, here we report on an experiment designed to test whether players learn...

Persistent link: https://www.econbiz.de/10011539825

How to Preserve a Fortune: An Experimental Comparison of Foundations and Direct Transfers to the Heir

Güth, Werner; Koschmieder, Kurt-Dieter; Levati, Maria … - Max-Planck-Institut zur Erforschung von …

Direct transfers allow heirs to freely use what has been passed on to them. Bequeathers who do not trust their descendants to make proper use of the fortune may prefer investing it in a safe foundation, thereby limiting their descendants’ autonomy. In our study we compare experimentally these...

Persistent link: https://www.econbiz.de/10005866700