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Persistent link: https://www.econbiz.de/10014430187
We examine whether the "Level-k" model of strategic behavior generates reliable cross-game predictions within an individual. We find no correlation in subjects' estimated levels of reasoning across two families of games. Furthermore, estimating a higher level for Ann than Bob in one family of...
Persistent link: https://www.econbiz.de/10010249635
Persistent link: https://www.econbiz.de/10011549112