only 40% for individuals. -- Strategic sophistication ; beliefs ; experiment ; team decision making ; individual decision …We present an experiment on strategic thinking and behavior of individuals and teams in one-shot normal-form games …. Besides making choices, decision makers have to state their first- and second-order beliefs. We find that teams play the Nash …

math grades are more strategic. -- Strategic thinking ; beliefs ; experiment ; age ; adolescents …

experimental study of simultaneous decision-making by subjects within various groups in the “p-beauty contest” guessing game, and … extends the analysis of simultaneous decision-making by individuals within various groups to the conditions of the “p … group of six subjects. The results from the experiment showed that the subjects make more rational decisions, being in the …