|Güth, Werner; Kocher, Martin G.; Sutter, Matthias (2002): Experimental 'beauty contests' with homogeneous and heterogeneous players and with interior and boundary equilibria. In: Economics Letters, Vol. 74, No. 2: pp. 219-228|
We study behavior in experimental beauty contests with, first, boundary and interior equilibria, and, second, homogeneous and heterogenous types of players. We find quicker and better convergence to the game-theoretic equilibrium with interior equilibria and homogeneous players.
Economics > Chairs > Chair of Empirical Economics
|Subjects:||300 Social sciences > 330 Economics|
|Deposited On:||06. Feb 2014 15:28|
|Last Modified:||29. Apr 2016 09:15|