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.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 6169
- Classification
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Wirtschaft
Noncooperative Games
Design of Experiments: Laboratory, Group Behavior
- Subject
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backward induction
interactive epistemology
player set cardinality
experiment
- Event
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Geistige Schöpfung
- (who)
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Dufwenberg, Martin
Van Essen, Matt
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2016
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Dufwenberg, Martin
- Van Essen, Matt
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2016
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