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- W1510577237 abstract "We present an experimental game in the p-beauty framework. Building on the definitions of boundary and interior equilibria, we distinguish between ‘speed of convergence towards the game-theoretic equilibrium’ and ‘deviations of the guesses from the game-theoretic equilibrium’. In contrast to earlier findings (Guth et al., 2002), we show, under a different game parameterisation, that (i) interior equilibria initially produce smaller deviation of the guesses from the game-theoretic equilibrium compared to boundary equilibria; (ii) interior and boundary equilibria do not differ in the timeframe needed for convergence; (iii) the speed of convergence is higher in the boundary equilibrium." @default.
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- W1510577237 date "2008-01-01" @default.
- W1510577237 modified "2023-09-26" @default.
- W1510577237 title "Boundary and interior equilibria: what drives convergence in a ‘beauty contest’?" @default.
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