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methodologies for understanding decision-making under pressure. In the non-transitive game rock, paper, scissors (RPS), the only … behavior is thought to be outside bounded rationality and so decision-making can become deterministic, predictable, and … cognition literatures, and provides a taxonomy of RPS strategy. RPS strategies are discussed in terms of (a) whether the …
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experimental study of simultaneous decision-making by subjects within various groups in the “p-beauty contest” guessing game, and … extends the analysis of simultaneous decision-making by individuals within various groups to the conditions of the “p … group of six subjects. The results from the experiment showed that the subjects make more rational decisions, being in the …
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Before a group can take a decision, its members must agree on a mechanism to aggregate individual preferences. In this … paper we present the results of an experiment on the influence of private payoff information and the role of the available …
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