The paper explores the consequences of assuming that players involved in a complex perfect-information game perceive the situation as one of incomplete information, in the sense that, at any given decision node, players are certain about the structure of the game tree only within a limited...

We analyze an independent private values model where a number of objects are sold in sequential first- and second-price auctions. Bidders have unit demand and their valuation for an object is decreasing in the rank number of the auction to which it is sold. Whether prices are announced after...

We run an experiment that implements a finitely repeated version of the trust game in which players can choose in each period with whom to interact. Change in trust and trustworthiness in terms of previous experience is statistically investigated where confounding factors are controlled for....