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This chapter reviews recent experimental data testing game theory and behavioral models that have been inspired to …
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I designed an experiment to study the persistence of the prevailing levels of reasoning across games. Instead of directly comparing the k-level(s) of reasoning for each game, I used cognitive load to manipulate the strategic environment by imposing variations on the subject's cost of reasoning...
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Studies on the social behavior and cooperation decisions of individuals within and between different ethnic or cultural groups have gained increasing importance in economic sciences, especially in the field of behavioral economics. Axelrod and Hammond (2006) developed an agent-based simulation...
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traditional game theory. The model provides unique predictions for the entire class of 2 × 2 games. It identifies games where a …
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