Agranov, Marina; Potamites, Elizabeth; Schotter, Andrew; … - In: Games and Economic Behavior 75 (2012) 2, pp. 449-463
In this paper we use a laboratory setting to manipulate our subjectsʼ beliefs about the cognitive levels of the players they are playing against. We show that in the context of the 2/3 guessing game, individual choices crucially depend on their beliefs about the level of others. Hence, a...
