Počet záznamů: 1

Three very simple games and what it takes to solve them

  1. 1.
    0339591 - NHU-C 2010 RIV NL eng J - Článek v odborném periodiku
    Rydval, O. - Ortmann, A. - Ostatnický, Michal
    Three very simple games and what it takes to solve them.
    Journal of Economic Behavior & Organization. Roč. 72, č. 1 (2009), s. 589-601 ISSN 0167-2681
    Grant CEP: GA MŠk LC542
    Výzkumný záměr: CEZ:MSM0021620846
    Klíčová slova: guessing games * cognition * bounded rationality
    Kód oboru RIV: AH - Ekonomie
    Impakt faktor: 1.081, rok: 2009

    We study experimentally the nature of dominance violations in three minimalist dominance-solvable guessing games. Only about a third of our subjects report reasoning consistent with dominance; they all make dominant choices and almost all expect others to do so. Nearly two-third of our subjects report reasoning inconsistent with dominance, yet a quarter of them actually make dominant choices and half of those expect others to do so. Reasoning errors are more likely for subjects with lower working memory, intrinsic motivation and premeditation attitude. Dominance-incompatible reasoning arises mainly from subjects misrepresenting the strategic nature (payoff structure) of the guessing games.
    Trvalý link: http://hdl.handle.net/11104/0183071