Experientia Docet: Professionals Play Minimax in Laboratory Experiments
نویسندگان
چکیده
منابع مشابه
What Happens in the Field Stays in the Field: Professionals Do Not Play Minimax in Laboratory Experiments
The minimax argument represents game theory in its most elegant form: simple but with stark predictions. Although some of these predictions have been confirmed in field data, tests of minimax have generally failed in laboratory experiments that make use of student subjects. In a seminal study, Palacios-Huerta and Volij (2007) present evidence that potentially resolves this puzzle: soccer player...
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The financial support of the National Science Foundation and the Center for Economic Policy Studies at Princeton University are gratefully acknowledged. I wish to thank many coauthors for sharing their insights about political economy experiments. I am especially indebted to Richard McKelvey. The editors provided helpful comments on an earlier draft.
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ژورنال
عنوان ژورنال: Econometrica
سال: 2008
ISSN: 0012-9682,1468-0262
DOI: 10.1111/j.0012-9682.2008.00818.x