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We propose a statistical model to assess whether individuals strategically use mixed strategies in repeated games. We formulate a hidden Markov model in which the latent state space contains both pure and mixed strategies, and allows switching between these states. We apply the model to data...
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We explore the extent to which information about the social value orientation (SVO) of group members influences contributions to a public good. We compare four networks of information - empty, pair, star and complete. We find that information about SVO has a significant impact on contributions...
Persistent link: https://www.econbiz.de/10013242433
We explore whether individuals are averse to telling a Pareto white lie-a lie that benefits both themselves and another. We first review and summarize the existing evidence on Pareto white lies. We find that the evidence is relatively limited and varied in its conclusions. We then present new...
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We examine experimentally how humans behave when they play against a computer which implements its part of a mixed strategy Nash equilibrium. We consider two games, one zero-sum and another unprofitable with a pure minimax strategy. A minority of subjects' play was consistent with their Nash...
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