Noisy Introspection in the 11-20 Game

成果类型:
Article
署名作者:
Goeree, Jacob K.; Louis, Philippos; Zhang, Jingjing
署名单位:
University of New South Wales Sydney; University of Cologne; University of New South Wales Sydney; University of Technology Sydney
刊物名称:
ECONOMIC JOURNAL
ISSN/ISSBN:
0013-0133
DOI:
10.1111/ecoj.12479
发表日期:
2018
页码:
1509-1530
关键词:
rationalizable strategic behavior players models
摘要:
Previous experiments based on the 11-20 game have produced evidence for the level-k model with observed levels of strategic thinking consistently ranging from 0 to 3. Our baseline treatment uses the 11-20 game and replicates previous results. We apply four models of strategic thinking to the baseline-treatment data and use these to predict behaviour and beliefs in five other treatments that employ games with a very similar structure. The best predictive performance is achieved by models that incorporate common knowledge of noise'. A model of noisy introspection, which does so, predicts behaviour remarkably well.