Browsing Faculté des arts et des sciences – Département de sciences économiques - Travaux et publications by Subject "Markov perfect equilibirum"
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Bandits in the Lab
(Université de Montréal. Département de sciences économiques., 2018-08)We test Keller, Rady, Cripps’ (2005) game of strategic experimentation with exponential bandits in the laboratory. We find strong support for the prediction of free-riding because of strategic concerns. We also find strong evidence for behavior that ...