Experientia Docet: Professionals Play Minimax in Laboratory Experiments ∗

By Ignacio Palacios-Huerta, Oscar Volij. 2008

144 citations recorded by the source corpus.

Subfields: General Decision Sciences, Management Science and Operations Research, Safety Research

View Paper: https://www.semanticscholar.org/paper/83c7d2ad69fc4221a404c82896a3321e48bd0d86

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In General Decision Sciences

1. Colin F. Camerer
2. John A. List
3. Steven D. Levitt
4. Paul Dolan
5. Matteo M. Galizzi
6. John Wooders
7. Yona Rubinstein
8. Gary S. Becker

In Management Science and Operations Research

1. John Wooders
2. John A. List
3. Steven D. Levitt
4. Matteo M. Galizzi
5. Paul Dolan
6. Colin F. Camerer
7. Yona Rubinstein
8. Gary S. Becker

In Safety Research

1. John A. List
2. Colin F. Camerer
3. Steven D. Levitt
4. Paul Dolan
5. Matteo M. Galizzi
6. David H. Reiley
7. John Wooders
8. Berta Esteve-Volart

Citations in the corpus

• Fear and the Response to Terrorism: An Economic Analysis (2011, background): “[34] Palacios-Huerta, Ignacio and Oscar Volij, "Experientia Docet: Professionals Play Minimax in Laboratory Experiments," Econometrica, 76 (2008), 71-115.”
• Does Experience Teach? Professionals and Minimax Play in the Lab (2010, background): “Palacios-Huerta and Volij (2008) argue that the behavior of professional soccer players in mixedstrategy games conforms closely to minimax play while the behavior of students (who are presumably novices in strategic situations requiring unpredictability) does not.”
• The Promise and Success of Lab-Field Generalizability in Experimental Economics: A Critical Reply to Levitt and List (2011, background): “Pierce [1908] about how cooperative experimental subjects are.”
• Can Gender Parity Break the Glass Ceiling?: Evidence from a Repeated Randomized Experiment (2010, background): “While in most observational studies there are obvious endogeneity problems, sometimes experimental studies may not be suitable to study labour market decisions (Palacios-Huerta and Volij, 2008).”
• What Happens in the Field Stays in the Field: Exploring Whether Professionals Play Minimax in Laboratory Experiments (2009, methodology): “(2003), and therefore differs slightly from the 2x2 penalty-kick game studied by Palacios-Huerta and Volij (2007). As in Hide and Seek, we implemented Four-Card Barry in a manner that closely followed the literature.”
• Like ripples on a pond: behavioral spillovers and their implications for research and policy (2015, background): “…settings: for instance, experienced sports-cards dealers did not fall prey to the typical winner’s curse in a lab auction (Harrison & List, 2008), whereas professional football players played more equilibrium strategies than students in laboratory coordination games (Palacios-Huerta & Volji, 2008).”