Raisonnement divinatoire à feedback négatif. Une investigation expérimentale

In this article we examine the setting up of an eductive type of reasoning process in a negative feedback situation. We analyse a variant of a one-shot beauty contest game. Our results show a reasoning level of around 2 steps of introspection, which is enough to reach rapidly the rational expectations equilibrium.Classification JEL : C72, C91

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Year of publication:	2006
Authors:	Sutan, Angela ; Willinger, Marc
Published in:	Revue économique. - Presses de Sciences-Po. - Vol. 57.2006, 2, p. 281-295
Publisher:	Presses de Sciences-Po

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Extent:	application/pdf text/html
Type of publication:	Article
Classification:	C72 - Noncooperative Games ; C91 - Laboratory, Individual Behavior
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008578670