We introduce a generalization of the Beauty Contest (BC) game as a framework that incorporates different models from micro-and macroeconomics by formulating their reduced …
We draw an unusually detailed picture of a discovery, the beauty contest game—with Hervé Moulin as the center of the initial inspiration. Since its inception, the beauty contest game …
MD Lee, S Liu - Judgment and Decision Making, 2022 - cambridge.org
Drafting is a competitive task in which a set of decision makers choose from a set of resources sequentially, with each resource becoming unavailable once selected. How …
In order to assess the extent to which features of a game affect the strategic sophistication of the people involved, this study investigates the relevance of differing objectives (matching …
Differences in cognitive sophistication and effort are at the root of behavioral heterogeneity in economics. To explain this heterogeneity, behavioral models assume that certain choices …
In this article, we survey experiments that are directly related to monetary policy and central banking. We argue that experiments can also be used as a tool for central bankers for bench …
T Kneeland - Games and Economic Behavior, 2016 - Elsevier
This paper provides the first unified explanation of behavior in coordinated attack games under both public and private information. It demonstrates that the main experimental …
Y Breitmoser - Games and Economic Behavior, 2019 - Elsevier
Overbidding in auctions has been attributed to eg risk aversion, loser regret, level-k, and cursedness, relying on varying identifying assumptions. I argue that “type projection” …
We study the information aggregation process in a laboratory financial market where traders have access to costly private and free public imperfect information. The public disclosure …