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Outputs (4)

Dynamic costs of the draft (2004)
Journal Article
Lau, M., Poutvaara, P., & Wagener, A. (2004). Dynamic costs of the draft. German Economic Review, 5(4), 381-406. https://doi.org/10.1111/j.1465-6485.2004.00114.x

We propose a dynamic general-equilibrium model with human capital accumulation to evaluate the economic consequences of compulsory services (such as military draft or social work). Our analysis identifies a so far ignored dynamic cost arising from di... Read More about Dynamic costs of the draft.

Do we detect and exploit mixed strategy play by opponents? (2004)
Journal Article
Shachat, J., & Swarthout, J. (2004). Do we detect and exploit mixed strategy play by opponents?. Mathematical Methods of Operations Research, 59(3), 359-373. https://doi.org/10.1007/s001860400354

We conducted an experiment in which each subject repeatedly played a game with a unique Nash equilibrium in mixed strategies against some computer-implemented mixed strategy. The results indicate subjects are successful at detecting and exploiting de... Read More about Do we detect and exploit mixed strategy play by opponents?.

Unobserved heterogeneity and equilibrium: an experimental study of Bayesian and adaptive learning in normal form games. (2004)
Journal Article
Shachat, J., & Walker, M. (2004). Unobserved heterogeneity and equilibrium: an experimental study of Bayesian and adaptive learning in normal form games. Journal of Economic Theory, 114(2), 280-309. https://doi.org/10.1016/s0022-0531%2803%2900125-x

We describe an experiment based on a simple two-person game designed so that different learning models make different predictions. Econometric analysis of the experimental data reveals clear heterogeneity in the subjects’ learning behavior. But the s... Read More about Unobserved heterogeneity and equilibrium: an experimental study of Bayesian and adaptive learning in normal form games..