We study experimentally how players learn to make decisions if they face many different (normal-form) games. Games are generated randomly from a uniform distribution in each of 100 rounds. We find that agents do extrapolate between games but learn to play strategically equivalent games in the...

We present laboratory experiments of five different multi-unit auction mechanisms. Two units of a homogeneous object were auctioned off among two bidders with at demand for two units. We test whether expected demand reduction occurs in open and sealed-bid uniform-price auctions. Revenue...

In recent literature the extraction of common-pool resources ha s been discussed under the aspect of whether or not they can be used efficiently when a finite number of agents has access to the resource. The objective of this paper is the derivation of a necessary equilibrium condition in a...