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  • 标题:More than Meets the Eye: an Eye-tracking Experiment on the Beauty Contest Game
  • 本地全文:下载
  • 作者:Julia Müller ; Christiane Schwieren
  • 期刊名称:Discussion Paper Series / Universität Heidelberg, Department of Economics
  • 出版年度:2011
  • 卷号:2011
  • 出版社:Universität Heidelberg, Department of Economics
  • 摘要:The beauty contest game has been used to analyze how many steps of reasoningsubjects are able to perform. A common finding is that a majority seem to have lowlevels of reasoning. We use eye-tracking to investigate not only the number chosen inthe game, but also the strategies in use and the numbers contemplated. We can showthat not all cases that are seemingly level-1 or level-2 thinking indeed are – they mightbe highly sophisticated adaptations to beliefs about other people's limited reasoningabilities
  • 关键词:beauty contest game; levels of reasoning; level-k model; strategic reason-;ing; cognitive hierarchy; iterated elimination of dominated strategies; experiment
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