This paper reports experiments that elicit subjects' initial responses to 16 dominancesolvable two-person guessing …

In a stochastic duopoly market, sellers must form state-specific aspirationsexpressing how much they want to earn given …

To understand the mechanisms behind bank run contagions, we conduct bank run experiments in a modified Diamond …

a prisoner's dilemma experiment. We compare three different experimental termination rules in four treatments: a known … subjects may need at least some learning opportunities (like repetitions of the supergame) before significant backward …

a prisoner's dilemma experiment. We compare three different experimental termination rules in four treatments: a known … subjects may need at least some learning opportunities (like repetitions of the supergame) before significant backward …

equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences … different cognitive abilities learn differently, we estimate a structural model of learning based on level-k reasoning. We find …

This paper reports results of a 100-round Yes-No game experiment conducted under the random matching protocol. In … their repeated ultimatum bargaining experiment. Our main interest is which dynamics emerge when proposers and responders …

trembling-hand perfect equilibrium under selfish preferences even towards the end of our experiment. The likely reasons for our … findings are strategic uncertainty and incomplete learning. …

reinforcement learning or an Experience Weighted Attraction algorithm. Our experiments show these learning algorithms detect …We report experiments in which humans repeatedly play one of two games against a computer program that follows either a … exploitable opportunities more sensitively than humans. Also, learning algorithms respond to detected payoff …