A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2017; you can also visit the original URL.
The file type is application/pdf
.
Focal points and bargaining
1993
International Journal of Game Theory
This is a contribution to the growing experimental literature on how trial-and-error adjustment processes can establish a convention for coordination on an equilibrium in a game. A simple bargaining game introduced by Nash is used for this purpose. Subjects are conditioned in different treatments to use four different bargaining solutions. The stability of the conditioning is then studied as the bargaining game is played over an extended period. The data obtained is unusually sharp. In the long
doi:10.1007/bf01240133
fatcat:un22ff53kzfgvh22xueidxin4m