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.
University of Southampton
Ioannou, Christos A.
753c2afb-918b-4576-ba47-da42502f37c9
Makris, Miltiadis
966df0dc-9caf-409e-9cbe-f2a800cdffda
18 May 2017
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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Published date: 18 May 2017
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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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