Speaker: Christos Ioannou, University of Southampton
Title: An Experimental Investigation Of Poisson Coordination Games
Date & Time: 17 Oct 2016, (Monday), 4:30-5:45 pm
Venue: Newcastle University Business School, 2.12
5 Barrack Road, Newcastle upon Tyne, NE1 4SE
Abstract:
Poisson games have been proposed to address equilibrium indeterminacy in Coordination games. They model the number of actual players as a Poisson random variable to capture population uncertainty in large games. Two natural questions are (a) whether uncertainty about the number of actual players does have an impact on subjects' behavior, and if so (b) whether such behavior is consistent with the theoretical prediction of Poisson Coordination games. Investigating these questions is the focus of this paper. We find that uncertainty about the number of actual players may influence subjects' behavior. Crucially, such behavior is consistent with the theoretical prediction.
Last modified: Fri, 07 Oct 2016 13:50:26 BST