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How cognitive skills affect strategic behavior : cognitive ability, fluid intelligence and judgment
Gill, David; Knepper, Zachary; Prowse, Victoria; Zhou, Junya - 2024
We explore the influence of cognitive ability and judgment on strategic behavior in the beauty contest game (where the Nash equilibrium action is zero). Using the level-k model of bounded rationality, cognitive ability and judgment both predict higher level strategic thinking. However,...
Persistent link: https://www.econbiz.de/10014584425
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Are some athletes more cognitive skilled than others when choosing their opponents in skiing-sprint elimination tournaments?
Karlsson, Niklas; Lunander, Anders - 2022
The study analyzes data from world cup cross-country skiing sprint elimination tournaments for men and women in 2015-2020. In these tournaments prequalified athletes sequentially choose in which of five quarterfinal heats they want to compete. Due to a time constraint on the day the tournament...
Persistent link: https://www.econbiz.de/10013469608
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How Cognitive Skills Affect Strategic Behavior: Cognitive Ability, Fluid Intelligence and Judgment
Gill, David; Knepper, Zachary; Prowse, Victoria L.; … - 2024
We explore the influence of cognitive ability and judgment on strategic behavior in the beauty contest game (where the Nash equilibrium action is zero). Using the level-k model of bounded rationality, cognitive ability and judgment both predict higher level strategic thinking. However,...
Persistent link: https://www.econbiz.de/10015061969
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Are some athletes more cognitive skilled than others when choosing their opponents in skiing-sprint elimination tournaments?
Karlsson, Niklas; Lunander, Anders - 2022
The study analyzes data from world cup cross-country skiing sprint elimination tournaments for men and women in 2015-2020. In these tournaments prequalified athletes sequentially choose in which of five quarterfinal heats they want to compete. Due to a time constraint on the day the tournament...
Persistent link: https://www.econbiz.de/10014331151
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Guilt aversion and reciprocity in the performance-enhancing drug game
Cartwright, Edward - In: Journal of sports economics 20 (2019) 4, pp. 535-555
Persistent link: https://www.econbiz.de/10012014758
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Adaptive rationality in strategic interaction : do emotions regulate thinking about others?
Ehrig, Timo; Manjaly, Jaison A.; Singh, Aditya; Sunder, … - In: Strategy Science 7 (2022) 4, pp. 330-349
on what others think about their thinking. Drawing on a controlled experiment, we find that a negative emotion (fear …) deepens the tendency to engage in iterative reasoning compared with a positive emotion (amusement). Moreover, neutral emotions … that emotions help regulate iterative reasoning, that is, their tendency to not only reflect on what others think, but also …
Persistent link: https://www.econbiz.de/10014293219
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Psychology and economics rather than psychology versus economics: cultural differences but no barriers!
Brandstätter, Hermann; Güth, Werner; Kliemt, Hartmut - 2008
boundaries between psychology and economics. Noting that behavioral economics seems still under the spell of the rational choice … economics" might mirror the rise of cognitive psychology" without endangering the advantages of the division of labor and of …
Persistent link: https://www.econbiz.de/10010266656
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A theory of reciprocity
Falk, Armin; Fischbacher, Urs - 2001
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind …
Persistent link: https://www.econbiz.de/10011398368
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When Can Politicians Scare Citizens Into Supporting Bad Policies? A Theory of Incentives with Fear-Based Content
Lupia, Arthur; Menning, Jesse - Volkswirtschaftliche Fakultät, … - 2005
Analysts make competing claims about when and how politicians can use fear to gain support for suboptimal policies. Using a model, we clarify how common attributes of fear affect politicians’ abilities to achieve self-serving outcomes that are bad for voters. In it, a politician provides...
Persistent link: https://www.econbiz.de/10005836312
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Procrastination, partial naivete, and behavioral welfare analysis
Asheim, Geir B. - 2007
This paper has a dual purpose. First, I present a new modeling of partial naivete, and apply this to the analysis of procrastination. The decision maker is assumed to have stationary behavior and to be partially naive in the sense of perceiving that his current preferences may persist in the...
Persistent link: https://www.econbiz.de/10010284258