Artikel

A note on disbelief in others regarding backward induction

We present experimental results on the role of beliefs in the cognitive ability of others in a problem involving backward induction. Using a modified version of the so-called race game, our design allows the effects of a player's own inability to perform backward induction to be separated from the effects of her disbelief in the ability of others to do so. We find that behavior is responsive to the dependence on others who might fail in backward induction as well as information regarding their backward induction skills.

Language
Englisch

Bibliographic citation
Journal: Games ; ISSN: 2073-4336 ; Volume: 8 ; Year: 2017 ; Issue: 3 ; Pages: 1-7 ; Basel: MDPI

Classification
Wirtschaft
Subject
backward induction
iterative thinking
beliefs

Event
Geistige Schöpfung
(who)
Tutić, Andreas
Grehl, Sascha
Event
Veröffentlichung
(who)
MDPI
(where)
Basel
(when)
2017

DOI
doi:10.3390/g8030033
Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Tutić, Andreas
  • Grehl, Sascha
  • MDPI

Time of origin

  • 2017

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