Arbeitspapier

King of the Hill: Giving Backward Induction its Best Shot

We study a class of deceptively similar games, which however have different player sets and predictions that vary with their cardinality. The economic, biological, political, and psychological applications are many. The game-theoretic principles involved are compelling as predictions rely on weaker and less controversial epistemic foundations than needed to justify backward inductions more generally. Is the account empirically relevant? We design and report results from a relevant experiment.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 6169

Klassifikation
Wirtschaft
Noncooperative Games
Design of Experiments: Laboratory, Group Behavior
Thema
backward induction
interactive epistemology
player set cardinality
experiment

Ereignis
Geistige Schöpfung
(wer)
Dufwenberg, Martin
Van Essen, Matt
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Dufwenberg, Martin
  • Van Essen, Matt
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2016

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