Similar Search Results

Rational reasoning or adaptive behavior? : evidence from two-person beauty contest games

Grosskopf, Brit; Nagel, Rosemarie - 2007

Persistent link: https://www.econbiz.de/10008662794

Biased probability judgment : evidence of incidence and relationship to economic outcomes from a representative sample

Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - In: Journal of economic behavior & organization : JEBO 72 (2009) 3, pp. 903-915

Persistent link: https://www.econbiz.de/10003933160

The non-use of Bayes rule: representative evidence on bounded rationality

Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - 2009

Persistent link: https://www.econbiz.de/10003938026

Communication and coordination : the case of boudedly rational players

Ellingsen, Tore (contributor); Östling, Robert (contributor) - 2007 - Rev. October 13, 2009

We study costless pre-play communication of intentions among inexperienced players. Using the level-k model of strategic thinking to describe players' beliefs, we fully characterize the effects of pre-play communication in symmetric 2×2 games. One-way communication weakly increases coordination...