This study is the first to attempt to isolate a relationship between cognitive activity and equilibration to a Nash Equilibrium. Subjects, while undergoing fMRI scans of brain activity, participated in second price auctions against a single competitor following predetermined strategy that was...

Thirty-three states, as well as the District of Columbia, Guam, and Puerto Rico, have legalized the sale of marijuana and the national trends favor expanding legalization. Many experts predict exponential growth for the legal cannabis industry in the coming years, as well as the creation of...

In this paper we have examined data from the Survey of Professional Forecasters. We study nominal GDP, the unemployment rate, the Treasury bill rate and the implicit price deflator beginning with the first quarter of 1992. Forecasts for a single time period appear several times in consecutive...