Replication data for: Testing Game Theory in the Field: Swedish LUPI Lottery Games

Principal Investigator(s): View help for Principal Investigator(s) Robert Östling; Joseph Tao-yi Wang; Eileen Y. Chou; Colin F. Camerer

Version: View help for Version V1

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Project Citation:

Östling, Robert, Wang, Joseph Tao-yi, Chou, Eileen Y., and Camerer, Colin F. Replication data for: Testing Game Theory in the Field: Swedish LUPI Lottery Games. Nashville, TN: American Economic Association [publisher], 2011. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E114385V1

Project Description

Summary: Game theory is usually difficult to test in the field because predictions typically depend sensitively on features that are not controlled or observed. We conduct one such test using both laboratory and field data from the Swedish lowest unique positive integer (LUPI) game. In this game, players pick positive integers and whoever chooses the lowest unique number wins. Equilibrium predictions are derived assuming Poisson distributed population uncertainty. The field and lab data show similar patterns. Despite various deviations from equilibrium, there is a surprising degree of convergence toward equilibrium. Some deviations can be rationalized by a cognitive hierarchy model. (JEL C70, C93, D44, H27)

Scope of Project

JEL Classification:
      C70 Game Theory and Bargaining Theory: General
      C93 Field Experiments
      D44 Auctions
      H27 Taxation, Subsidies, and Revenues: Other Sources of Revenue

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V1 [2019-10-12]

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