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Imperfect choice or imperfect attention? : understanding strategic thinking in private information games

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Honesty and informal agreements

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Limited depth of reasoning and failure of cascade formation in the laboratory

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Incorporating fairness motives into the impulse balance equilibrium and quantal response equilibrium concepts : an application to 2x2 games

Tavoni, Alessandro - 2009

Substantial evidence has accumulated in recent empirical works on the limited ability of the Nash equilibrium to rationalize observed behavior in many classes of games played by experimental subjects. This realization has led to several attempts aimed at finding tractable equilibrium concepts...

Persistent link: https://www.econbiz.de/10008811006

Endogenous depth of reasoning

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