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Author:Cabrales, A.
GarcĂ­a-Fontes, W.
Motta, M.
Title:Risk dominance selects the leader: an experimental analysis
Journal:International Journal of Industrial Organization
2000 : JAN, VOL. 18:1, p. 137-162
Index terms:Risk
Games
Product differentiation
Language:eng
Abstract:This paper describes the experimental evidence the authors have gathered on the power of risk dominance to select among the equilibria of a coordination game. The authors show that the higher the degree of asymmetry of the game, the higher the predictive power of the risk dominance criterion.
SCIMA record nr: 202804
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