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We run a laboratory experiment with a two-person game with unique pure Nash equilibrium which is also the solution of the iterative elimination of strictly dominated strategies. The subjects are asked to commit to a device that randomly picks one of three symmetric outcomes in this game...
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In this paper we consider a model where boundedly rational agents choose both which coordination game to play and what action to take in that game, when their information and mobility is limited and change over time. We completely characterize both short-run and long-run outcomes. There are...
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