Title of article
Limitations of dominance and forward induction: Experimental evidence
Author/Authors
Brandts، نويسنده , , Jordi; Holt، نويسنده , , Charles A. ، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1995
Pages
5
From page
391
To page
395
Abstract
Forward induction implied that forgoing a sure ‘outside option’ can alter after subsequent beliefs and behavior. Our laboratory results do not support forward induction, except in a very simple game where it is equivalent to the elimination of dominated strategies.
Keywords
Forward induction: Nash equilibrium rdinements , Experimental games
Journal title
Economics Letters
Serial Year
1995
Journal title
Economics Letters
Record number
434012
Link To Document