| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5071961 | Games and Economic Behavior | 2013 | 18 Pages |
Abstract
⺠We present an experimental study of the value of private information in zero-sum repeated games with incomplete information. ⺠The empirical value of information coincides with the theoretical prediction in most instances. ⺠The empirical value decreases with the number of repetitions and is bounded below by the value of the infinitely repeated game. ⺠Subjects are unable to completely ignore their information.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Nicolas Jacquemet, Frédéric Koessler,