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Card games and economic behavior

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  • Becchetti, Leonardo
  • Fiaschetti, Maurizio
  • Marini, Giancarlo

Abstract

We wonder whether different game experiences are associated with significant differences in experimental behavior and, more specifically, whether expert bridge players, due to their habit of playing with partners and seldom for money, are more likely to adopt cooperative behavior than expert poker players. Evidence from trust games shows that bridge players make more polarized choices and choose the maximum trustor contribution significantly more often. Our findings are similar across incentivized and non-incentivized experiments and thereby support the hypothesis that behavior in simulated experiments resembles that in experiments with monetary payoffs.

Suggested Citation

  • Becchetti, Leonardo & Fiaschetti, Maurizio & Marini, Giancarlo, 2014. "Card games and economic behavior," Games and Economic Behavior, Elsevier, vol. 88(C), pages 112-129.
  • Handle: RePEc:eee:gamebe:v:88:y:2014:i:c:p:112-129
    DOI: 10.1016/j.geb.2014.08.003
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    More about this item

    Keywords

    Trust games; Financial crisis; Poker; Bridge;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior

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