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.

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Year of publication:	2006
Authors:	Sutan, Angela ; WILLINGER, Marc
Institutions:	Département Sciences Sociales, Agriculture et Alimentation, Espace et Environnement (SAE2), Institut National de la Recherche Agronomique (INRA)
Subject:	FEEDBACK \| comportement économique \| théorie de la décision \| économie expérimentale

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Published in Revue Economique 281 pages long295
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011141361