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This paper develops structural estimation techniques which can be applied to experimental game data to consistently estimate and test models of strategic choice. I assume that the true game is a Bayesian game of incomplete information and that the observed actions are supported by an equilibrium...
Persistent link: https://www.econbiz.de/10011940525
What predictions about behavior in extensive form games can we rigorously justify as implied by rationality or mutual or common knowledge of that rationality? This paper models rational belief revision in extensive form games and uses numerical methods to examine the implications for equilibrium...
Persistent link: https://www.econbiz.de/10011940553