Shapiro, Dmitry; Shi, Xianwen; Zillante, Artie - In: Games and Economic Behavior 86 (2014) C, pp. 308-329
We study how the predictive power of level-k models changes as we perturb the classical beauty contest setting along two dimensions: the strength of the coordination motive and the information symmetry. We use a variation of the Morris and Shin (2002) model as the unified framework for our...