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We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy...
Persistent link: https://www.econbiz.de/10010294813
We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy...
Persistent link: https://www.econbiz.de/10010272677
Persistent link: https://www.econbiz.de/10003738424
We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games … only 40% for individuals. -- Strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …
Persistent link: https://www.econbiz.de/10003938152
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math grades are more strategic. -- Strategic thinking ; beliefs ; experiment ; age ; adolescents …
Persistent link: https://www.econbiz.de/10003987136
Persistent link: https://www.econbiz.de/10003926223
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We study behavior in a search experiment where sellers receive randomized bids from a computer. At any time, sellers …. -- search experiment ; time ; group decision ; gender differences …
Persistent link: https://www.econbiz.de/10009731791