We introduce a procedure to infer the repeated-game strategies that generate actions in experimental choice data. We apply the technique to set of experiments where human subjects play a repeated Prisoner's Dilemma. The technique suggests that two types of strategies underly the data.

In This Paper, We Show That, in Debt Contract Relationships, the Choice of a Lender May Become a Determinant of the Extent of Competition in Downstream Industries. in the Presence of Imperfect Output Markets and Asymmetric Information in Financial Markets Members of an Industry May Achieve a...

Different Functional Forms Are Proposed and Applied in the Context of Educational Production Functions. Three Different Specifications - the Linerar, Logit and Inverse Power Transformation (Ipt) - Are Used to Explain First Grade Students' Results to a Mathematics Achievement Test. with Ipt...

Understanding the dynamics of interest rates and the term structure has important implications for issues as diverse as real economic activity, monetary policy, pricing of interest rate derivative securities and public debt financing. Our paper follows a longstanding tradition of using factor...

This Paper Shows That Rindskopf's Parameterization Technique Is Not an Acceptable Solution to the Heywood Problem, Especially, If One Is Interested in Standard Errors and T-Statistics for the Parameter Estimates of a Linear Structural Model. Simple Alternative Solutions Are Proposed and...

Nous Considerons Dans Cet Article la Possibilite D'un Rationnement Endogene Dans un Modele de Duopole a la Stackelberg Avec Produits Differencies. les Duopoleurs Se Concurrencent En Prix et En Quantites et Peuvent Choisir des Couples (P,Q) En Deca de Leur Demande Respective. Nous Montrons Entre...