In search of experimental support for an asymmetric equilibria solution in symmetric investment games

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2008
Volume: 67
Issue: 1
Pages: 200-203

Authors (2)

Rapoport, Amnon Amaldoss, Wilfred (not in RePEc)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In one of their experimental studies, Rapoport and Amaldoss [Rapoport, A., Amaldoss, W., 2000. Mixed strategies and iterative elimination of strongly dominated strategies: an experimental investigation of states of knowledge. Journal of Economic Behavior and Organization 42, 483-521] evaluate the behavior of subjects in a two-person investment game with symmetric players using the symmetric (completely) mixed-strategy equilibrium solution as the normative benchmark. Dechenaux et al. [Dechenaux, E., Kovenock, D., Lugovskyy, V., 2006. Caps on bidding in all-pay auctions: comments on the experiments of A. Rapoport and W. Amaldoss. Journal of Economic Behavior and Organization 61, 276-283] claim additional support for an alternating (asymmetric) equilibria solution. However, both aggregate and individual level analyses of our data soundly reject the asymmetric alternating equilibria solution.

Technical Details

RePEc Handle
repec:eee:jeborg:v:67:y:2008:i:1:p:200-203
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29