I experimentally investigate an infinitely repeated market entry game with an informed incumbent firm who knows demand and an uninformed entrant firm who does not. The uninformed firm's profits each period serve as a signal about demand, but the informed firm may signal jam the uninformed firm...

I experimentally investigate a new game that modifies the prisoner's dilemma. In this game, as opposed to the regular prisoner's dilemma, there is no tradeoff between cooperation and strategic risk (uncertainty regarding the other player's strategy) that is the leading explanation for low...

I investigate finitely repeated partnership games with imperfect monitoring where both mutual effort and mutual shirking are Nash equilibria of the stage game. The treatment variable is the number of repetitions. I find that period 1 effort rates are increasing in the number of repetitions, but...

I experimentally investigate a new game that modifies the prisoner’s dilemma. In this game, as opposed to the regular prisoner’s dilemma, there is no tradeoff between cooperation and strategic risk (uncertainty regarding the other player’s strategy) that is the leading explanation for low...

In an infinitely repeated market entry game, an entrant does not know demand and actions are unobservedbut signaled via pro ts. The incumbent may choose a predatory price (a signal jam) when demand is high toyield negative pro ts to the entrant and induce exit. Efficiency is only possible for...

We examine how repeated interaction can facilitate coordinated turn-taking in a two-player infinitely repeated Volunteer's Dilemma. We conjecture that repetition creates an environment for players to coordinate on the Pareto efficient, but asymmetric pure strategy Nash equilibria of the stage...