Tesis doctoral de ágnes Pintér
In my thesis i consider some aspects of experimental economics that have not been studied through yet. Experimental economics can be seen as one of the tools that play an important role in helping game theory bridge the gap between the study of ideally rational behavior modeled in theory and the study of actual «real-world» behavior of agents. One of the fields where experimental economics can help theorists is the class of situations that can be modeled by coordination games. the second chapter, a joint work with jordi brandts, entitled «the way out of the trap: experiments on dynamic coordination games» contributes to the experimental literature on development economics. Underdevelopment is often seen as the result of coordination failure between different parts of the economy. Positive agglomeration economies may imply that no one sector of the economy can develop alone; instead, coordinated development of many economic activities is required for a country to achieve greater prosperity. In this paper we analyze through laboratory experiments a dynamic two-sector investment model, in which moving between a traditional and a modern sector has a fixed cost, and in one of the sectors the positive agglomeration externalities manifest themselves with a time lag. Under these conditions the model exhibits multiple—pareto rankable—equilibria, and both complete stagnation and immediate development are stable equilibria of the dynamic game, independently of the cost and delay. However, our results show that both the cost structure and the time lag in the returns has an important impact on the destiny of the experimental economies. This confirms the empirical fact that the presence of the time lag in the realization of the returns strengthens history dependence, but, on the other hand it does not necessarily prevent the full coordination on modernization, the economy can find a way out of the (poverty) trap. the third chapter, a joint paper with joana pais with
Datos académicos de la tesis doctoral «Three essays on experimental economics«
- Título de la tesis: Three essays on experimental economics
- Autor: ágnes Pintér
- Universidad: Autónoma de barcelona
- Fecha de lectura de la tesis: 18/09/2006
Dirección y tribunal
- Director de la tesis
- Jordi Brandts Bernard
- Tribunal
- Presidente del tribunal: jordi Massó carreras
- Antonio Morales siles (vocal)
- carles Sola belda (vocal)
- José Apesteguia garces (vocal)