A Note on Disbelief in Others regarding Backward Induction
نویسندگان
چکیده
We present experimental results on the role of beliefs in the cognitive ability of others in a problem involving backward induction. Using a modified version of the so-called race game, our design allows the effects of a player’s own inability to perform backward induction to be separated from the effects of her disbelief in the ability of others to do so. We find that behavior is responsive to the dependence on others who might fail in backward induction as well as information regarding their backward induction skills.
منابع مشابه
A Note on Backward Inductionl
In 1987, I wrote a paper (Binmore [14]) that questioned the rationality of the backward induction principle in finite games of perfect information. Since that time, a small literature has grown up in which Antonelli and Bicchieri [1], BenPorath [9], Bicchieri [10,11], Bonanno [21,22], Pettit and Sugden [28], Reny [30], Samet [32], Stalnaker [37,36] and numerous others have attempted with varyin...
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عنوان ژورنال:
- Games
دوره 8 شماره
صفحات -
تاریخ انتشار 2017