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Groups of five players participated in a social dilemma game in which each player receives a monetary endowment and then chooses whether to contribute it to a monetary public good. The good is provided to all group members if at least three contributions are made; it is not provided, otherwise....
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We study a multiperiod bargaining mechanism in which a seller negotiates with a buyer over the price of an indivisible good. It is common knowledge that the good has zero value to the seller. Its value to the buyer is privately known, distributed independently of the seller's value according to...
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Coordination behavior is studied experimentally in a class of noncooperative market entry games featuring symmetric players, complete information, zero entry costs, and several randomly presented values of the market capacity. Once the market capacity becomes publicly known, each player must...
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