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I experimentally test play in five indefinitely repeated games: a hawk-dove game, a game of chicken, a trust game, a coordination game, and a constant-sum game. I compare the different game histories that affect decision making in each of the games. Une étude expérimentale a été menée afin...
Persistent link: https://www.econbiz.de/10005100705
We experimentally test whether a class of monetary policy decision rules describes decision making in a population of inexperienced central bankers. In our experiments, subjects repeatedly set the short-term interest rate for a computer economy with inflation as their target. A large majority of...
Persistent link: https://www.econbiz.de/10005101034