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Implementation by Iterative Dominance and Backward Induction: An Experimental Comparison

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  • Katok, Elena
  • Sefton, Martin
  • Yavas, Abdullah

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 104 (2002)
Issue (Month): 1 (May)
Pages: 89-103

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Handle: RePEc:eee:jetheo:v:104:y:2002:i:1:p:89-103

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Web page: http://www.elsevier.com/locate/inca/622869

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References

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  1. Aumann, Robert J., 1995. "Backward induction and common knowledge of rationality," Games and Economic Behavior, Elsevier, vol. 8(1), pages 6-19.
  2. McKelvey, Richard D & Palfrey, Thomas R, 1992. "An Experimental Study of the Centipede Game," Econometrica, Econometric Society, vol. 60(4), pages 803-36, July.
  3. Rosenthal, Robert W., 1981. "Games of perfect information, predatory pricing and the chain-store paradox," Journal of Economic Theory, Elsevier, vol. 25(1), pages 92-100, August.
  4. Abreu, Dilip & Matsushima, Hitoshi, 1992. "Virtual Implementation in Iteratively Undominated Strategies: Complete Information," Econometrica, Econometric Society, vol. 60(5), pages 993-1008, September.
  5. Abreu, Dilip & Matsushima, Hitoshi, 1992. "A Response [Virtual Implementation in Iteratively Undominated Strategies I: Complete Information]," Econometrica, Econometric Society, vol. 60(6), pages 1439-42, November.
  6. Glazer, Jacob & Perry, Motty, 1996. "Virtual Implementation in Backwards Induction," Games and Economic Behavior, Elsevier, vol. 15(1), pages 27-32, July.
  7. Glazer, Jacob & Rubinstein, Ariel, 1996. "An Extensive Game as a Guide for Solving a Normal Game," Journal of Economic Theory, Elsevier, vol. 70(1), pages 32-42, July.
  8. Clark, Kenneth & Sefton, Martin, 2001. "Repetition and signalling: experimental evidence from games with efficient equilibria," Economics Letters, Elsevier, vol. 70(3), pages 357-362, March.
  9. Richard McKelvey & Thomas Palfrey, 1999. "An experimental study of the centipede game," Levine's Working Paper Archive 521, David K. Levine.
  10. Ben-Porath, Elchanan, 1997. "Rationality, Nash Equilibrium and Backwards Induction in Perfect-Information Games," Review of Economic Studies, Wiley Blackwell, vol. 64(1), pages 23-46, January.
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Cited by:
  1. Brice Corgnet & Praveen Kujal & David Porter, 2011. "The Effect of Reliability, Content and Timing of Public Announcements on Asset Trading Behavior," Working Papers 11-02, Chapman University, Economic Science Institute.
  2. Crawford, Vincent P., 2002. "Introduction to Experimental Game Theory," Journal of Economic Theory, Elsevier, vol. 104(1), pages 1-15, May.
  3. Dunia López-Pintado & Giovanni Ponti, 2003. "Solomon'S Dilemma: An Experimental Study On Dynamic Implementation," Working Papers. Serie AD 2003-11, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  4. Ernesto Reuben & Sigrid Suetens, 2012. "Revisiting strategic versus non-strategic cooperation," Experimental Economics, Springer, vol. 15(1), pages 24-43, March.
  5. Stahl, Dale O. & Haruvy, Ernan, 2008. "Level-n bounded rationality and dominated strategies in normal-form games," Journal of Economic Behavior & Organization, Elsevier, vol. 66(2), pages 226-232, May.
  6. Gerber, Anke & Wichardt, Philipp C., 2010. "Iterated reasoning and welfare-enhancing instruments in the centipede game," Journal of Economic Behavior & Organization, Elsevier, vol. 74(1-2), pages 123-136, May.

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