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-minded players. This is best viewed as a heuristic or bias relative to the standard approach. We provide a formal theoretical …
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order to disentangle different choice dynamics, they devise a laboratory experiment with a novel experimental task in which …
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everybody else or another "unspeci fied" individual is doing, they exhibit a consensus bias (believing that others are similar … shows that not accounting for the biases will typically bias estimates of game-theoretic thinking upwards. …
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actions in the corresponding game. We find no evidence of a hindsight bias or wishful thinking in any of the treatments. …
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The anchoring-and-adjustment heuristic has been studied in numerous experimental settings and is increasingly drawn … factors, we find robust effects for the social anchor, an increased bias for higher cognitive load, and only weak learning … effects. Finally, a comparison to a neutral, external anchor shows that the social context increases the bias, which we …
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ability to that of character skills, and find that both cognition and personality affect behavior and learning. More agreeable … of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment …
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