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Your search keyword '"Larner, Jeremy"' showing total 3 results
Start Over Author "Larner, Jeremy" Topic c72
3 results on '"Larner, Jeremy"'

2. Escalation bargaining: Theoretical analysis and experimental test

Author

Chuah, Swee-Hoon, Hoffmann, Robert, and Larner, Jeremy

Subjects
C72, escalation, C91, ddc:330, brinkmanship, chicken game, experiments, human activities, C78
Abstract

The standard chicken game is a popular model of certain important real scenarios but does not allow for the escalation behaviour these are typically associated with. This is problematic if the critical, final decisions in these scenarios are sensitive to previous escalation. We introduce and analyse, theoretically and by experiment, a new game which permits escalation behaviour. Compared with an equivalent chicken game, Pareto-suboptimal outcomes are significantly more frequent. This result is inconsistent with our rational choice analysis and possible psychological roots are explored.

Published
2011

3. PERCEIVED INTENTIONALITY IN 2 × 2 EXPERIMENTAL GAMES.

Author

Chuah, Swee‐Hoon, Hoffmann, Robert, and Larner, Jeremy

Subjects
EXPERIMENTAL economics, ECONOMIC equilibrium, INTENTIONALITY (Philosophy), EXPERIMENTAL design, LOGITS, ECONOMIC aspects of decision making
Abstract

ABSTRACT We test experimentally whether decisions in 2 × 2 games with mixed equilibria depend on the co-player being nature or a human agent. Controlling for social preferences, we find differences in decisions in the chicken game and battle of the sexes but not for stag hunt and matching pennies. We attribute these to subjects' perception of the other's intentionality and disapproval avoidance in particular. [ABSTRACT FROM AUTHOR]

Published
2016
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