Brocas, Isabelle; Carrillo, Juan D.; Wang, Stephanie W.; … - In: Review of Economic Studies 81 (2014) 3, pp. 944-970
To understand the thinking process in private information games, we use “Mousetracking†to record which payoffs subjects attend to. The games have three information states and vary in strategic complexity. Subjects consistently deviate from Nash equilibrium choices and often fail to...