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Unobserved-Offers Bargaining

The American Economic Review, 2023
I study ultimatum bargaining with imperfectly observed offers. Imperfectly observed offers must be rejected with positive probability, even when the players’ preferences are common knowledge. Noisier observations imply a greater risk of rejection.
A. Wolitzky
semanticscholar   +1 more source

The Effects of Time Preferences on Cooperation: Experimental Evidence from Infinitely Repeated Games

American Economic Journal: Microeconomics, 2023
This paper studies the effects of time preferences on cooperation in an infinitely repeated prisoner’s dilemma game experiment. Subjects play repeated games in the lab, all decisions at once, but stage game payoffs are paid over an extended period of ...
Jeongbin Kim
semanticscholar   +1 more source

Cursed Sequential Equilibrium

The American Economic Review, 2023
This paper develops a framework to extend the strategic form analysis of cursed equilibrium (CE) developed by Eyster and Rabin (2005) to multistage games.
Meng-Jhang Fong   +2 more
semanticscholar   +1 more source

What Makes a Rule Complex?

, 2020
We study the complexity of rules by paying experimental subjects to implement a series of algorithms and then eliciting their willingness-to-pay to avoid implementing them again in the future.
Ryan Oprea
semanticscholar   +1 more source

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