Browsing ITLS Working Papers 2012 by subject "Coordination game; loss aversion; experimental economics; road congestion; speed-flow relationship"
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Snowball effect and traffic equilibrium in a market entry game: A laboratory experiment
Published 2012-08-01The Market Entry Game (Selten & Guth, 1982; Gary-Bobo, 1990) is a coordination game where average cost of entry increase linearly. Following the suggestion of Anderson et al. (2008) and empirical evidence in transport ...Working Paper