Traveler’s Dilemma: How the Value of the Luggage Influences Behavior

Dilemme du voyageur: impact comportemental de la valeur du bagage égaré

Mathieu Lefebvre () and Gisèle Umbhauer ()
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Mathieu Lefebvre: AMSE - Aix-Marseille Sciences Economiques - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique
Gisèle Umbhauer: BETA - Bureau d'Économie Théorique et Appliquée - AgroParisTech - UNISTRA - Université de Strasbourg - Université de Haute-Alsace (UHA) - Université de Haute-Alsace (UHA) Mulhouse - Colmar - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

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Abstract: This paper presents a classroom experiment on the Traveler's Dilemma in order to show the impact of the common knowledge of the value of the luggage. This value becomes a focal point that canalizes the behavior of the students. This leads us to commenting on the impact of such focal points both on the reasoning of the players and on the structure of the game. We construct a new game which models this impact and we study its Nash equilibrium.

Keywords: Traveler's dilemma; Nash equilibrium; Focal point; Classroom experiment; Honesty; Dilemme du voyageur; Equilibre de Nash; Point focal; Expérience en classe; Honnêteté (search for similar items in EconPapers)
Date: 2024-02-05
Note: View the original document on HAL open archive server: https://univoak.hal.science/hal-05127074v1
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Published in Revue Economique, 2024, 74 (6), pp.1027 - 1051. ⟨10.3917/reco.746.1027⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05127074

DOI: 10.3917/reco.746.1027

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