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Traveler’s Dilemma: How the Value of the Luggage Influences Behavior
[Dilemme du voyageur : impact comportemental de la valeur du bagage égaré]

Author

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  • Mathieu Lefebvre

    (AMSE - Aix-Marseille Sciences Economiques - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique)

  • Gisèle Umbhauer

    (BETA - Bureau d'Économie Théorique et Appliquée - AgroParisTech - UNISTRA - Université de Strasbourg - Université de Haute-Alsace (UHA) - Université de Haute-Alsace (UHA) Mulhouse - Colmar - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

Abstract

This paper presents a classroom experiment on the Traveler's Dilemma in order to show the impact of the common knowledge of the value of the luggage. This value becomes a focal point that canalizes the behavior of the students. This leads us to commenting on the impact of such focal points both on the reasoning of the players and on the structure of the game. We construct a new game which models this impact and we study its Nash equilibrium.

Suggested Citation

  • Mathieu Lefebvre & Gisèle Umbhauer, 2024. "Traveler’s Dilemma: How the Value of the Luggage Influences Behavior [Dilemme du voyageur : impact comportemental de la valeur du bagage égaré]," Post-Print hal-05127074, HAL.
    • Handle: RePEc:hal:journl:hal-05127074
    DOI: 10.3917/reco.746.1027
    Note: View the original document on HAL open archive server: https://univoak.hal.science/hal-05127074v1
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    References listed on IDEAS

    as
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