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Identification of decision rules in experiments on simple games of proposal and response
Affiliation:1. University of Goettingen, Germany;2. Univ. Bourgogne Franche-Comté, CRESE EA3190, F-25000, Besançon, France;3. Karlsruhe Institute of Technology (KIT), Germany;1. Department of Economics, Hong Kong University of Science and Technology, Hong Kong;2. Department of Economics, Duke University, United States;3. Department of Economics, Rice University, United States;1. National Research Center of Pumps, Jiangsu University, Zhenjiang 212013, Jiangsu, China;2. Hubei Key Laboratory of Hydroelectric Machinery Design & Maintenance, China Three Gorges University, Yichang 443002, China
Abstract:Experimental economics shares with econometrics the objective of inference on decision processes from data on observed behavior. However, experimentalists and econometricians have gone about their research in different ways, the former mainly using exploratory modes of analysis and the latter stressing formal inference on the distribution of decision rules that yield observed choices. An important concern of econometric research has been to determine the identifiability of agents’ decision rules when choice data are combined with various forms of other information. This paper examines the identifiability of decision rules from experimental data on choices in simple games of proposal and response.
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