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Experimental investigation of stationary concepts in cyclic duopoly games

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  • Sebastian Goerg
  • Reinhard Selten

Abstract

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Suggested Citation

  • Sebastian Goerg & Reinhard Selten, 2009. "Experimental investigation of stationary concepts in cyclic duopoly games," Experimental Economics, Springer;Economic Science Association, vol. 12(3), pages 253-271, September.
    • Handle: RePEc:kap:expeco:v:12:y:2009:i:3:p:253-271
    DOI: 10.1007/s10683-009-9218-8
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    References listed on IDEAS

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    1. Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer;Economic Science Association, vol. 10(2), pages 171-178, June.
    2. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    3. Osborne, Martin J & Rubinstein, Ariel, 1998. "Games with Procedurally Rational Players," American Economic Review, American Economic Association, vol. 88(4), pages 834-847, September.
    4. Judith Avrahami & Werner Güth & Yaakov Kareev, 2005. "Games of Competition in a Stochastic Environment," Theory and Decision, Springer, vol. 59(4), pages 255-294, December.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Chmura, Thorsten & Goerg, Sebastian J. & Selten, Reinhard, 2012. "Learning in experimental 2×2 games," Games and Economic Behavior, Elsevier, vol. 76(1), pages 44-73.
    2. Sebastian J. Goerg & Tibor Neugebauer & Abdolkarim Sadrieh, 2016. "Impulse Response Dynamics in Weakest Link Games," German Economic Review, Verein für Socialpolitik, vol. 17(3), pages 284-297, August.
    3. Thorsten Chmura & Werner Güth, 2011. "The Minority of Three-Game: An Experimental and Theoretical Analysis," Games, MDPI, vol. 2(3), pages 1-22, September.

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    More about this item

    Keywords

    Cyclic game duopoly experiment; Impulse-balance equilibrium; Payoff-sampling equilibrium; C73; D43; C90;
    All these keywords.

    JEL classification:

    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General

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