Article ID Journal Published Year Pages File Type
9549241 Economics Letters 2005 6 Pages PDF
Abstract
We consider the power of precedent transfer as an equilibrium selection principle in the minimum effort game. Our experiments show that groups of players are able to transfer efficient historical precedents to the minimum effort game.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Precedent transfer in coordination games: An experiment
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