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Prof. Dr. Matthias Sutter wins “Exeter Prize”

Experimental games on networks: underpinnings of behavior and equilibrium selection

[This content is not available in "Englisch" yet] Prof. Dr. Matthias Sutter

Prof. Dr. Matthias Sutter (Chair of Economics: Design and Behavior) is a winner of the 2015 Exeter Prize for Research in Experimental Economics, Decision Theory and Behavioral Economics for the paper “Experimental games on networks: underpinnings of behavior and equilibrium selection” with Gary Charness, Francesco Feri and Miguel Melendez, published in Econometrica.

This paper provides a balanced portfolio of theory, experimental design, and the pursuit of alternative explanations for behavioral puzzles. Considering designs that span a wide range of interesting networks, they find that theory predicts behavior tightly when there is a unique equilibrium. And when there are multiple equilibria, traditional characteristics describing the network play an important role in describing behavior. Their study establishes a careful, informed behavioral base from which further research into network behavior will proceed.

The WiSo Faculty congratulates Prof. Sutter for this outstanding award.