Social and political inequality among individuals is a common driving force behind the
breakdown in cooperation. In this paper, we theoretically and experimentally study …

Strategic players must form beliefs about how others will react at future decision nodes. How
often do such beliefs form a consistent hierarchy where subjects believe others hold beliefs …

Many situations require coordinated actions of individuals to achieve common goals. Such
situations include organizing mass protests or adjusting behavior to new behavioral …

Using an online experiment, we induce happy and angry emotions among MTurk
participants and examine how information of their counterparts' emotions affects their …

The “Stag Hunt” game is frequently used to tease out factors which may influence
cooperation, a fundamental building block of human society. The present study is an attempt …

Cooperation has been one of the most foundational aspect of human society and is
frequently studied via use of “The Stag Hunt” which has been used to tease out factors which …

The purpose of this study was to evaluate the validity of a previously published work on
cooperation and trust by replicating the original study and adding an additional condition …

Global games and Poisson games have been proposed to address equilibrium
indeterminacy in Common Knowledge Coordination games. The present study investigates …

It is widely believed that inflation inertia varies with the policy pursued. In a novel
experiment, price setters determine inflation rates and react to a central bank's indicator …

This study investigates the effect of investors' pro-sustainable higher-order beliefs--their
beliefs about other investors' preferences toward sustainability--on their investment …