Indenture as a Self-Enforced Contract Device: An Experimental Test [PDF]
We experimentally test the efficacy of indenture as a self-enforced contract device. In an indenture game, the principal signals the intention of payment-on-delivery, by tearing a banknote and giving the agent half of it as "prepayment"; the agent ...
Alexander S. Kritikos +1 more
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Uncertainty aversion and equilibrium in extensive games. [PDF]
This paper formulates a rationality concept for extensive games in which deviations from rational play are interpreted as evidence of irrationality.
Rothe, Jorn
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Chess players' performance beyond 64 squares: A case study on the limitations of cognitive abilities transfer [PDF]
In a beauty contest experiment with over 6,000 chess players, ranked from amateur to world class, we found that Grandmasters act very similar to other humans.
Björn Frank, Christoph Bühren
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Applying Game Theory Models to Inpatient Medicine: Opportunities to Improve Care. [PDF]
J Community Hosp Intern Med Perspect, 2023 Yeung HM, Makkapati S.
europepmc +1 more source
"The Way in which an Experiment is Conducted is Unbelievably Important": On the Experimentation Practices of Economists and Psychologists [PDF]
To discuss experimental results without discussing how they came about makes sense when the results are robust to the way experiments are conducted. Experimental results, however, are – arguably more often than not – sensitive to numerous design and ...
Andreas Ortmann
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Application of Reinforcement Learning in Multiagent Intelligent Decision-Making. [PDF]
Comput Intell Neurosci, 2022 Han X.
europepmc +1 more source
The e-mail game revisited - Modeling rough inductive reasoning [PDF]
I study the robustness of Rubinstein´s (1989) E-Mail Game results towards rough inductive reasoning. Rough induction is a form of boundedly rational reasoning where a player does not carry out every inductive step. The information structure in the E-Mail
Uwe Dulleck
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Allocation of Land Factors in China Looking Forward to 2035: Planning and Market. [PDF]
Int J Environ Res Public Health, 2023 Wu Y, Ao J, Ren Y.
europepmc +1 more source
Reciprocity, Exchange and Redistribution. An experimental investigation inspired by Karl Polanyi’s The Economy as Instituted Process [PDF]
Inspired by Karl Polanyi’s writings on three allocation modes, namely reciprocity, exchange and redistribution, we first tested a reciprocity ring with ten players.
Giuseppe Danese, Luigi Mittone
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Public statistics and private experience: varying feedback information in a take or pass game [PDF]
, 2004 We study how subjects in an experiment use different forms of public information about their opponents’ past behaviour. In the absence of public information, subjects appear to use rather detailed statistics summarizing their private experiences.
Huck, S., Jehiel, P.
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