Loss avoidance as selection principle: Evidence from simple stag-hunt games

Economics Letters

Volumn 88, Issue 1, 2005, Pages 101-107

  Rydval, Ondrej ^a   Ortmann, Andreas ^a  

^a CHARLES UNIVERSITY   (Czech Republic)

Author keywords

Coordination games; Experiments; Loss avoidance; Selection principles; Stag hunt games

Indexed keywords

EID: 19144362790     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2004.12.027     Document Type: Article

References (13)

1. T.P. Ballinger N.T. Wilcox Decisions, error and heterogeneity The Economic Journal 107 1997 1090-1105
2. M. Bertrand S. Mullainathan Enjoying the quiet life? Corporate governance and managerial preferences Journal of Political Economy 111 2003 1043-1076
3. Blume, A., Ortmann, A., in press. The effects of costless pre-play communication: Experimental evidence from games with Pareto-ranked equilibria. Journal of Economic Theory.
4. G.P. Cachon C.F. Camerer Loss-avoidance and forward induction in experimental coordination games Quarterly Journal of Economics 111 1996 165-194
5. C.F. Camerer Behavioral Game Theory: Experiments in Strategic Interaction 2003 Princeton University Press Princeton
6. R. Cooper R. DeJong R. Forsythe T. Ross Communication in coordination games Quarterly Journal of Economics 107 1992 739-771
7. J.K. Goeree C.A. Holt Ten little treasures of game theory and ten intuitive contradictions American Economic Review 91 2001 1402-1422
8. Harrison, G.W., Johnson, E., McInnes, M., Rutstrom, E.E., in press. Risk aversion and incentive effects: Comment. American Economic Review.
9. Haruvy, E., Stahl, D.O., 1998. An empirical model of equilibrium selection in symmetric normal-form games. University of Texas Department of Economics Working Paper.
10. C.A. Holt S.K. Laury Risk aversion and incentive effects American Economic Review 92 2002 1644-1655
11. Rydval, O., Ortmann, A., 2004a. Loss avoidance as selection principle: evidence from simple stag-hunt games. CERGE-EI Discussion Paper no. 121.
12. Rydval, O., Ortmann, A., 2004b. Loss avoidance as selection principle: evidence from simple stag-hunt games. CERGE-EI Working Paper no. 245.
13. J.B. Van Huyck A.B. Gillette R.C. Battalio Credible assignments in coordination games Games and Economic Behavior 4 1992 606-626