التفاصيل البيبلوغرافية
| العنوان: |
Rational reasoning or adaptive behavior? Evidence from two-person beauty contest games. Games and Economic Behavior, forthcoming |
| المؤلفون: |
Brit Grosskopf, Rosemarie Nagel |
| المساهمون: |
The Pennsylvania State University CiteSeerX Archives |
| المصدر: |
http://darkwing.uoregon.edu/~harbaugh/Readings/BeautyTest contest/Grosskopf %26 Nagel, 2001 WP, reasoning adaption beauty contes.pdf. |
| سنة النشر: |
2007 |
| المجموعة: |
CiteSeerX |
| مصطلحات موضوعية: |
Bounded rationality, weakly dominant strategy, iterated best reply, iterated dominance |
| الوصف: |
Many experiments have shown that human subjects do not necessarily behave in line with game theoretic solution concepts. The reasons for this non–conformity are multiple. In this paper we study the argument whether a deviation from game theory is because subjects are rational, but doubt that others are rational as well, compared to the argument that subjects, in general, are boundedly rational themselves. To distinguish these two hypotheses, we study behavior in 2–person Beauty–Contest–Games, where a player does not need to think about the choice of the other. We experiment on four different information treatments to analyze behavior over time. Convergence toward equilibrium is driven by imitation and adaptation rather than self–initiated rational reasoning. |
| نوع الوثيقة: |
text |
| وصف الملف: |
application/pdf |
| اللغة: |
English |
| العلاقة: |
http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.399.2582Test; http://darkwing.uoregon.edu/~harbaugh/Readings/BeautyTest contest/Grosskopf %26 Nagel, 2001 WP, reasoning adaption beauty contes.pdf |
| الإتاحة: |
http://darkwing.uoregon.edu/~harbaugh/Readings/BeautyTest contest/Grosskopf %26 Nagel, 2001 WP, reasoning adaption beauty contes.pdf |
| حقوق: |
Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| رقم الانضمام: |
edsbas.19491A5A |
| قاعدة البيانات: |
BASE |
