Game theory, the formalized study of strategy, began in the 1940s by asking how
emotionless geniuses should play games, but ignored until recently how average people …

We examine learning in all experiments we could locate involving 100 periods or more of
games with a unique equilibrium in mixed strategies, and in a new experiment. We study …

A norm of 50–50 division appears to have considerable force in a wide range of economic
environments, both in the real world and in the laboratory. Even in settings where one party …

This article investigates the use of standard econometric models for quantal choice to study
equilibria of extensive form games. Players make choices based on a quantal-choice model …

This paper proposes a structural nonequilibrium model of initial responses to incomplete‐
information games based on “level‐k” thinking, which describes behavior in many …

This paper reports laboratory data for games that are played only once. These games span
the standard categories: static and dynamic games with complete and incomplete …

In this paper we conduct laboratory experiments to test the Crawford and Sobel [Crawford,
V., Sobel, J., 1982. Strategic information transmission. Econometrica 50, 1431–1451] theory …

Fundamentos de teoría social (1990) es una de las principales aportaciones a la sociología
de James S. Coleman, autor de referencia del individualismo metodológico y discípulo del …

Quantal Response Equilibrium presents a stochastic theory of games that unites
probabilistic choice models developed in psychology and statistics with the Nash …

This paper explores the questions of how economic theory can be used to design and
interpret experiments and how experimental results can be used to construct and interpret …