Strategic sophistication of adolescents ? Evidence from experimental normal-form games

Arbeitspapier

We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy and equilibrium payoffs are not too unequal. Using a mixture model we can estimate for each subject the probability to be any of eight different strategic and non-strategic types. The econometric estimation reveals that older subjects are more likely to eliminate dominated strategies, and that subjects with good math grades are more strategic.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Working Papers in Economics and Statistics ; No. 2010-15

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Noncooperative Games ; Design of Experiments: Laboratory, Individual
• Thema: Strategic thinking ; beliefs ; experiment ; age ; adolescents ; Jugendliche ; Normalformspiel ; Spieltheorie ; Entscheidung ; Gruppenentscheidung ; Test ; Schweden

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Czermak, Simon ; Feri, Francesco ; Rützler, Daniela ; Sutter, Matthias
• Ereignis: Veröffentlichung
• (wer): University of Innsbruck, Department of Public Finance
• (wo): Innsbruck
• (wann): 2010

Weitere Informationen

• Handle: http://hdl.handle.net/10419/73525
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ