| Article ID: | iaor2009590 |
| Country: | Germany |
| Volume: | 12 |
| Issue: | 1 |
| Start Page Number: | 369 |
| End Page Number: | 387 |
| Publication Date: | Feb 2004 |
| Journal: | Central European Journal of Operations Research |
| Authors: | Fernndez Virtudes Alba, Garza Pablo Braas, Jimnez Francisca Jimnez, Cosano Javier Rodero |
| Keywords: | communication |
This paper introduces some new features in the standard experimental design of the beauty contest in order to allow communication among participants. With that aim, we use the mode instead of the mean and non-rival payoffs. This design encourages students to communicate their guessed number, with a higher probability if subjects know the 0 Nash equilibrium. The lack of communication can only be explained by subjects endowed with competitive other-regarding preferences.