Arbeitspapier
More than Meets the Eye: an Eye-tracking Experiment on the Beauty Contest Game
The beauty contest game has been used to analyze how many steps of reasoning subjects are able to perform. A common finding is that a majority seem to have low levels of reasoning. We use eye-tracking to investigate not only the number chosen in the game, but also the strategies in use and the numbers contemplated. We can show that not all cases that are seemingly level-1 or level-2 thinking indeed are {they might be highly sophisticated adaptations to beliefs about other people's limited reasoning abilities.
- Language
-
Englisch
- Bibliographic citation
-
Series: Discussion Paper Series ; No. 516
- Classification
-
Wirtschaft
- Subject
-
beauty contest game
levels of reasoning
level-k model
strategic reason ing
cognitive hierarchy
Extensives Spiel
Wahrnehmung
Test
- Event
-
Geistige Schöpfung
- (who)
-
Müller, Julia
Schwieren, Christiane
- Event
-
Veröffentlichung
- (who)
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University of Heidelberg, Department of Economics
- (where)
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Heidelberg
- (when)
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2011
- DOI
-
doi:10.11588/heidok.00012524
- Handle
- URN
-
urn:nbn:de:bsz:16-opus-125243
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
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
- Müller, Julia
- Schwieren, Christiane
- University of Heidelberg, Department of Economics
Time of origin
- 2011
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