Publications

Referred Journals

• Mauersberger, F., & Nagel, R. (2024). Modeling Noisy Learning in a Dynamic Oligopoly Experiment. Journal of Economic Dynamics and Control, 104981. (Special issue in honor of Jasmina Arifovic. Impact factor: 1.9)
• Attanasi, A., P. Battigalli, E. Manzoni, R. Nagel (forthcoming). Disclosure of Belief–Dependent Preferences in a Trust Game. Economic Theory. (Impact Factor: 1.2)
• Mauersberger, F., R. Nagel, C. Buehren (2020). Bounded Rationality in Keynesian Beauty Contests: a Lesson for Central Bankers? Economics: The Open-Access, Open-Assessment E-Journal, 14 (2020-16): 1–38. Special issue on Bio-psycho-social foundations of macroeconomics. This publication stems from an invitation of a workshop Rebuilding Macro (co-organized by the Bank of England)

Book Chapters

• Nagel, R. (2025a). The Keynesian Beauty Contest. Elgar Encyclopedia of Behavioural and Experimental Economics Edited by Swee-Hoon Chuah, Robert Hoffmann, Ananta Neelim
• Nagel, R. (2025b). Level-k and Cognitive Hierarchy. Elgar Encyclopedia of Behavioural and Experimental Economics Edited by Swee-Hoon Chuah, Robert Hoffmann, Ananta Neelim
• Coricelli, C., R. Nagel (2025c). Neural Correlates of Strategic Thinking in the p-Beauty Contest Game. Elgar Encyclopedia of Behavioural and Experimental Economics. Edited by Swee-Hoon Chuah, Robert Hoffmann, Ananta Neelim. See the three chapters here.
• Grosskopf, B., R. Nagel (2022). An Experimental Analysis of Ultimatum Bargaining (by W. Gueth, R. Schmittberger, and B. Schwarze). In The Art of Experimental Economics: Twenty Top Papers Reviewed, 37-52. London: Routledge, Eds G. Charness, M.A. Page (invited author, being “the winner of top 20 papers in the history of experimental economics with paper Nagel (AER 1995)”)
• Brandenburger, A., G. Coricelli, R. Nagel (2025). Epistemic and Behavioral Game Theory (invited, in preparation). In Handbook “Neuroeconomics: Decision Making and the Brain,” Editors: Paul Glimcher, Joe Kable, Agnieszka Tymula, 3rd Edition.

Editorial Work

• Coricelli, G., P. Mohr, E. R. Nagel, E. Reutskaja, A. Smith (editors) (2025 in preparation). Editorial: Introduction to Choice Process Data in Decision Making, Research Topic in Frontiers of Behavioral Economics, section Neuroeconomics, with five published papers.

Book

• Duffy, J. and R. Nagel (in preparation). The Beauty Contest: Expectations, Reasoning, and Coordination. Accepted by Princeton University Press.

Working Papers

• Camilo, A., F. Germano, R. Nagel (2025). Similarity in Human Behavior: A Geometric and Behavioral Rules-Based Approach to Games.
• Ramirez MA, Kolumbus Y, Nagel R, Wolpert D, Jost J. (2023). Game Manipulators--the Strategic Implications of Binding Contracts. arXiv preprint arXiv:2311.10586. Computer Science and Game Theory (multidisciplinary collaboration with 4 researchers from math, computer science, biology, physics)

Work in Progress

• Nagel, R. & P. Seabright. “Secularity and Religion: A Microeconomics Perspective
• Camilo, A. & R. Nagel. “Predicting and Understanding Initial Play with Near-Equal Split vs. Pareto Dominant Nash Equilibria

• Pedersini, Riccardo, Rosemarie Nagel, and Marc LeMenestrel (2019). “The Power of Requests in a Re-distribution Game: An Experimental Study” Games, 10, 27.
• Attanasi, Guiseppe, Pierpaolo Battigalli, Elena Manzoni, Rosemarie Nagel (2019) “Belief-dependent preferences and reputation: Experimental analysis of a repeated trust game.” Journal of Economic Behavior & Organization 167, 341-360.
• Gabriele Chierchia, Rosemarie Nagel, and Giorgio Coricelli (2019). Betting "on nature" or "betting on others": anti-coordination induces uniquely high levels of entropy. Scientific Reports 8, 3514.
• Elena Reutskaja, Axel Lindner, Rosemarie Nagel, Richard A. Andersen, Colin F. Camerer. (2018) “Choice overload reduces neural signatures of choice set value in dorsal striatum and anterior cingulate cortex.” Nature Human Behaviour 2, 925–935.
• Nagel, R., Brovelli, A., Heinemann, F., Coricelli, G. (2018). Neural mechanisms mediating degrees of strategic uncertainty. Social Cognitive and Affective Neuroscience. 13, 1, 52-62.
• Levine, S., M. Bernard, R. Nagel (2017). "Strategic Intelligence: The Cognitive Capability to Anticipate Competitor Behavior" Strategic Management Journal, 38, 12, 2390 - 2423.
• Nagel, R., C. Buehren, B. Frank (2017). Inspired and Inspiring: Hervé Moulin and the discovery of the beauty contest game. Mathematical Social Science. 90, 191 - 207.
• Brañas-Garza, P., A. M. Espín, B. Herrmann, P. Kujal & R. Nagel. (2016). “Editorial: Prosocial and Antisocial Behavior in Economic Games” Frontier Behavioral Neuroscience.
• Balkenborg, B. and R. Nagel (2016). An Experiment on Forward vs. Backward Induction: How Fairness and Level k Reasoning Matters. German Economic Review, Vol 17 (3), pp. 378–408.
• Selten, R. and R. Nagel (2014). Werner Gueth, an early, original behavioral theorist and experimental economist. Journal of Economic Behavior & Organization 108 292–318.
• Kriss, P.H., R. Nagel, R. A. Weber (2013) Implicit vs. explicit deception in ultimatum games with incomplete information. Journal of Economic Behavior & Organization, special issue Volume 93, Pages 337–346.
• Hortala-Vallve, R., A Llorente-Saguer, and R. Nagel (2013). The role of information in different bargaining protocols, Experimental Economics16: 88-113.
• Nash, J.F., R Nagel, A Ockenfels, R Selten (2012). The agencies method for coalition formation in experimental games. Proceedings of the National Academy of Sciences (PNAS): 109 (50), 20358-20363.
• Cabrales, A., R. Nagel, and J.V. Rodríguez-Mora (2012). It is Hobbes, not Rousseau: An experiment on voting and redistribution. Experimental Economics15 (2), 278-308.
• Georganas, S and R. Nagel (2011). Auctions with toeholds: An experimental study of company takeovers, in special issue of International Journal of Industrial Organization, 29 (1), pages 34-45
• Reutskaja, E., R. Nagel, C. Camerer, and A. Rangel (2011). “Search Dynamics in Consumer Choice under Time Pressure: An Eye-Tracking Study.”, American Economic Review, 101(2): 900–926.
• Bosch, A., J. G. Montalvo, R. Nagel, A. Satorra (2010). Finite Mixture Analysis of Beauty-Contest Data from Multiple Samples, Experimental Economics vol. 13(4): 461-475.
• Bosch-Domènech, A., R. Nagel, and J V Sánchez-Andrés (2010). Prosocial Capabilities in Alzheimer's Patients, J Gerontol B Psychol Sci Soc Sci, 65B(1): 119-128 published ahead of print January 1, 2009, doi:10.1093/geronb/gbp034.
• Coricelli, G. and R. Nagel (2009). Neural correlates of depth of strategic reasoning in medial prefrontal cortex, Proceedings of the National Academy of Sciences (PNAS): Economic Sciences, PNAS vol. 106 no. 23: 9163-9168.
• Heinemann, F., R. Nagel, P. Ockenfels (2009). “Measuring Strategic Uncertainty in Coordination Games”. Review of Economic Studies, (76): 181–221.
• Chou, E., M. A. McConnell, R. Nagel, C. R. Plott (2009). The Control of Game Form Recognition in Experiments: Understanding Dominant Strategy Failures in a Simple Two Person Guessing Game, Experimental Economics, Volume 12, Number 2: 159-179.
• Grosskopf, B. and R. Nagel (2008). The Two-Person Beauty Contest, Games and Economic Behavior 62: 93–99.
• Cabrales, A., R. Nagel, and R. Armenter (2007). Equilibrium Selection Through Incomplete Information in Coordination Games: An Experimental Study. Experimental Economics, Volume 10, Number 3: 221–234.
• Dufwenberg, M., U. Gneezy, J. Goeree, and R. Nagel (2007). Price Floors & Competition, in special issue of Economic Theory, vol. 33, issue 1: 211-224.
• Kirchkamp, O., and R. Nagel (2007). Naive learning and cooperation in network experiments. Games and Economic Behavior, Vol. 58/2: 269-292.
• Heinemann, F., R. Nagel, and P. Ockenfels (2004). “The Theory of Global Games on Test: Experimental Analysis of Coordination Games with Public and Private Information”, Econometrica Vol. 72 (5), pp. 1583-1599.
• Bosch, A., J. G. Montalvo, R. Nagel, and A. Satorra (2002). “One, Two, (Three), Infinity…: Newspaper and Lab Beauty-Contest Experiments”. American Economic Review, Vol. 92 (5): 1687-1701.
• Hauk, E. and R. Nagel (2001). Choice of Partners in Multiple Two-Person Prisoner's Dilemma Games: An Experimental Study, Journal of Conflict Resolution, Vol. 45 (6): 770-793.
• Kirchkamp, O., and R. Nagel (2001). Repeated Game Strategies in Local and Group Prisoners' Dilemmas Experiments: First Results, Homo Ökonomicus, Vol. 18.(2): 319-335 2001.
• Vriend, N. and R. Nagel (1999). Unexperienced and Experienced Players in an Oligopolistic Market Game with Minimal Information, Industrial and Corporate Change, Vol. 8: 41-66.
• Vriend, N. and R. Nagel (1999). An Experimental Study of Adaptive Behavior in an Oligopolistic Market Game, Journal of Evolutionary Economics, Vol. 9 (1): 27-65.
• Nagel, R. and F-F. Tang (1998). An Experimental Study on the Centipede Game in Normal Form - An Investigation on Learning, in special issue of Journal of Mathematical Psychology, Vol. 42S,(2): 256- 384.
• Duffy, J. and R. Nagel (1997). On the Robustness of Behavior in Experimental Beauty-Contest Games, Economic Journal, Vol.107: 1684-1700.
• R. Nagel (1995). “Unraveling in Guessing Games: An Experimental Study”, American Economic Review, Vol. 85 (5): 1313-1326.
• Mitzkewitz, M. and R. Nagel (1993). “Experimental Results on Ultimatum Games with Incomplete Information”, International Journal of Game Theory, Vol. 22: 171-198.

• Coricelli, G. and Rosemarie Nagel (2012). Las bases neuronales de la racionalidad limitada. Revista Internacional de Sociología.
• Coricelli, G. and Rosemarie Nagel (2010). Neuroeconomics of depth of reasoning. History of Economic Ideas, vol XVIII, 123-131.
• Nagel, R. and R. Harstad (2004). Ultimatum Games with Incomplete Information on the Side of the Proposer: An Experimental Study. Cuadernos de Economía, Vol. 27, Nº. 75: 37-74, in special issue on experimental economics.

• Mitzkewitz and Nagel (2019) Reinhard Selten's early work on bounded rationality in “The Beginnings of Behavioral Economics. “ Roger Frantz, Elsevier, 2019. Handbook of Behavioral Economics. London: Routledge.
• Mauersberger, F. and Nagel, R. (2018) Levels of Reasoning in Keynesian Beauty Contests: A Generative Framework in the Handbook of Computational Economics, Volume 4, Heterogeneous Agents. Editors: Cars Hommes and Blake LeBaron. Amsterdam: North-Holland.
• Nagel, R., A. Bayona, R. Kheirandish, and S. Mousavi (2016). Reinhard Selten, the Dualist. Routledge Handbook of Behavioral Economics, edited by R. Frantz, S.H. Chen, K. Dopfer, F. Heukelom, S. Mousavi.
• Coricelli, Giorgio, and Rosemarie Nagel (2015). Responses from the body: an introduction to neuroeconomics. in P. Brañas and A. Cabrales (eds.), Experimental Economics (Vol I). Palgrave Macmillan. (first published in Spanish, A. Bosch (ed.)
• Bugnyar, Thomas, Robert Boyd, Benjamin Bossan, Simon Gächter, Thomas Griffiths, Peter Hammerstein, Keith Jensen, Thomas Mussweiler, Rosemarie Nagel, and Felix Warneken (2012). "Evolutionary Perspectives on Social Cognition", in P. Hammerstein and J. R. Stevens (eds), MIT Press.
• Coricelli, Giorgio, and Rosemarie Nagel (2011). Respuestas desde el cuerpo: una introducción a la neuroeconomía" in Economía Experimental y del Comportamiento, Barcelona: Antoni Bosch Editor, 401 pages.
• Coricelli, Giorgio, and Rosemarie Nagel (2010). Walking with Reinhard Selten and the Guessing Game: From the Origin to the Brain of the Guessing Game, in The Selten School of Behavioral Economics A Collection of Essays in Honor of Reinhard Selten. Ockenfels, Axel; Sadrieh, Abdolkarim (Eds.) 1st Edition XV, Springer Verlag.
• Attanasi, G. and R. Nagel (2008). A survey on Psychological Games: Theoretical Findings and Experimental Evidence. In “Games, Rationality and Behaviour: Essays on Behavioural Game Theory and Experiments.” Eds: Alessandro Innocenti and Patrizia Sbriglia. Publisher: Palgrave Macmillan, Houndmills, (2008).
• Nagel, R. (2004) “How to Improve Reasoning in Experimental Beauty-Contest Games: A Survey. In Economics Lab: An Intensive Course on Experimental Economics – Lessons from the Trento Summer School in Experimental Economics.” Eds: Dan Friedman and Alexandra Cassar Publisher: Routledge.
• Nagel, R. (2008). Experimental Beauty-Contest Games: Levels of Reasoning and Convergence to Equilibrium. In Handbook of Experimental Economics Results, Eds: Ch.R. Plott and V.L. Smith. Publisher: Elsevier, Amsterdam (2008).
• Nagel. R. (1998). A Survey on Experimental “Beauty-Contest Games:” Bounded Rationality and Learning. In Games and Human Behavior, Essays in Honor of Amnon Rapoport. Eds. D. Budescu, I. Erev, and R.Zwick. Publisher: Lawrence Erlbaum Associates, Inc., New Jersey : 105-142.

In newspapers and magazines (with experiments run with the readers of the newspapers)

• “1000 DM zu gewinnen,” (with R. Selten). In Spektrum der Wissenschaft (German issue of Scientific American), Nov. 1997.
• “Das Zahlenwahlspiel - Hintergruende und Ergebnisse” (with R. Selten). In Spektrum der Wissenschaft, Febr. 1998, p16-22. Also in “Kooperation und Konkurrenz”, Digest 7(1/1998), special issue of Spektrum der Wissenschaft”.
• “Cómo se el da la bolsa,” (with A. Bosch). In Expansión, June 4, 1997, p 40.
• “El juego de adivinar el numero X: una explicación y la proclamación del vencedor,” (with A. Bosch). In Expansión, June 16, 1997, pp 42-43.
• “Guess the Number: Comparing the FT's and Expansion's Results,” (with A. Bosch). In Financial Times, Section Mastering Finance 8, June 30, 1997, p 14.
• “Ein Gewinnspiel zur Entscheidung unter Unsicherheit.” (with Antonio Cabrales) Nov. 2002, Spektrum der Wissenschaft.
• “Entscheidung unter Unsicherheit – die Ergebnisse” (with Antonio Cabrales) May 2003, Spektrum der Wissenschaft.
• "Spieltheorie und menschliches Verhalten - Dokumentation des Sommerkurses der Deutschen SchülerAkademie" (“Game Theory and Human Behavior – Documentation of the summer school of the German Student Academia” with Christoph Poeppe). In Spektrum der Wissenschaft (German issue of Scientific American) Spezial Wissenschaft online.
• “A Keynesian Beauty Contest in the Classroom,” in Classroom Expericomics (electronic newsletter), Fall 1999, Vol. 8.
• “Preisausschreibung. Spektrum der Wissenschaft lädt Sie ein, an einem wirtschaftswissenschaftlichenExperiment teilzunehmen” (with Miguel Costa Gomes and Vince Crawford). In Spektrum der Wissenschaft July 2007, p. 96, 97.
• Ergebnisse zum Preisausschreiben“ (with Miguel Costa Gomes and Vince Crawford). In Spektrum der Wissenschaft February 2008, p. 76-80.

Comments

• Nagel. R. "Rationality and Emotions in Ultimatum Bargaining: Comment", Annales D' Économie et de Statistique. 2001, No. 61 pp. 33-39.