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An experimental investigation of Poisson Coordination games

An experimental investigation of Poisson Coordination games
An experimental investigation of Poisson Coordination games
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.
0966-4246
1506
University of Southampton
Ioannou, Christos A.
753c2afb-918b-4576-ba47-da42502f37c9
Makris, Miltiadis
966df0dc-9caf-409e-9cbe-f2a800cdffda
Ioannou, Christos A.
753c2afb-918b-4576-ba47-da42502f37c9
Makris, Miltiadis
966df0dc-9caf-409e-9cbe-f2a800cdffda

Ioannou, Christos A. and Makris, Miltiadis (2017) An experimental investigation of Poisson Coordination games (Discussion Papers in Economics and Econometrics, 1506) University of Southampton 35pp.

Record type: Monograph (Discussion Paper)

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.

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More information

Published date: 18 May 2017
Organisations: Library

Identifiers

Local EPrints ID: 381524
URI: http://eprints.soton.ac.uk/id/eprint/381524
ISSN: 0966-4246
PURE UUID: facfdf4c-de23-4c29-83db-2c56f29fd1e1

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Date deposited: 25 Sep 2015 14:21
Last modified: 14 Mar 2024 21:16

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Contributors

Author: Christos A. Ioannou
Author: Miltiadis Makris

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