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- W1519000596 abstract "Existing experimental studies tested the forward induction (FI) prediction, an equilibrium selection criterion, in a battle-of-the-sexes game and found limited support due to a confounding focal point. The focal point arises from an asymmetrically offered outside option in the first stage of the game. The robustness of FI to different first-stage asymmetries, however, is still unknown. To investigate this issue, the paper sheds light on the interplay of FI and (i) payoff asymmetries and (ii) endogenously generated asymmetries (in a game that is initially fully symmetric). The results from a laboratory experiment confirm the robustness and power of the FI prediction. Copyright © 2013 John Wiley & Sons, Ltd." @default.
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- W1519000596 date "2013-04-22" @default.
- W1519000596 modified "2023-09-26" @default.
- W1519000596 title "An Experimental Test of the Robustness and the Power of Forward Induction" @default.
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- W1519000596 doi "https://doi.org/10.1002/mde.2613" @default.
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