Abstract of associated article: We introduce the experimental first-strike game. Two players accumulate earnings over many rounds. In any round a player can deactivate the opponent. This means that th
Source: adapted from (Bower, et al., 1996). For analytical simplicity, it is assumed that P1 = P2 = 0 when no trust is placed, and hence S1. π1E is common knowledge.Sequential equilibria for the basel
In Gómez-Miñambres, Schniter, & Shields (2020) we conduct two between-subjects experiments to focus our research on “All-or-Nothing” options featured in many trust-based economic interactions. A funda