Articles - McKelvey
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Describe the centipide game
Describe the reputation effect
Another result: there are differences between the earlier and later plays of the game, where players in the later games behave more
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If we look at individual level, there are several subjects who PASS at every opportunity they have. This shows
The subject’s behaviour is
What is the subgame perfect Nash equilibrium in the Centipede Game as predicted by standard game theory?
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