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Social preferences have been shown to be an important determinant of economic decision making for many adults. We …
Persistent link: https://www.econbiz.de/10003978546
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We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy...
Persistent link: https://www.econbiz.de/10009736601
Social preferences have been shown to be an important determinant of economic decision making for many adults. We …
Persistent link: https://www.econbiz.de/10009736607
We examine social preferences of Swedish and Austrian children and adolescents using the experimental design of …
Persistent link: https://www.econbiz.de/10009737081
Persistent link: https://www.econbiz.de/10008658331
Persistent link: https://www.econbiz.de/10008658544
We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy...
Persistent link: https://www.econbiz.de/10003987136