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Prudence, Justice, Benevolence, and Sex: Evidence from Similar Bargaining Games
Authors:John Van HuyckRaymond Battalio
Affiliation:Department of Economics, Texas A&M University, College Station, Texas, 77843-4228, f1john.vanhuyck@tamu.edu, rcb@econ.tamu.eduf1
Abstract:Most learning experiments involve repeated play of exactly the same situation and, hence, can not discriminate between learning to use a deductive principle and other forms of routine learning. In this paper, subjects confront a sequence of similar, but not identical, bargaining games all of which can be solved using the same deductive principles. Conventions based on these deductive principles emerge within 70 periods in 5 of 26 eight-person cohorts. We found no economically significant differences between all male and all female cohorts. Journal of Economic Literature Classification Numbers: C72, C78, C92, D83.
Keywords:bargaining   equilibrium selection   learning   evolutionary games   gender differences
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