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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,...
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Recent research is exploring the case for cognitive or post-decision dissonance using the free-choice paradigm of Brehm … choice against a different alternative item. This tendency is interpreted as evidence for cognitive or post-decision … dissonance. I argue that this interpretation of the evidence is invalid. Furthermore, I report a novel experiment in which …
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