Ho, Teck-Hua; Weigelt, Keith - In: Management Science 42 (1996) 5, pp. 659-679
. Laboratory experiments are conducted to address whether "task complexity" affects the selection of equilibrium by subjects. Three … measures of task complexity---cardinality of choice space, level of iterative knowledge of rationality, and level of iterative … strategically equivalent games can have different task complexity measures, our results imply that subjects are sensitive to game …