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The Doors of Perception: Theory and Evidence of Frame-Dependent Rationalizability

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  • Gary Charness
  • Alessandro Sontuoso

Abstract

We investigate how strategic behavior is affected by the set of notions (frames) used when thinking about the game. In our games the action set consists of visual objects: each player must privately choose one, trying to match the counterpart's choice. We propose a model where different player-types are aware of different attributes of the action set (hence, different frames). One of the novelties is an epistemic structure that allows players to think about new frames, after initial unawareness of some attributes. To test the model, our experimental design brings about multiple frames by varying subjects' awareness of several attributes.

Suggested Citation

  • Gary Charness & Alessandro Sontuoso, 2023. "The Doors of Perception: Theory and Evidence of Frame-Dependent Rationalizability," American Economic Journal: Microeconomics, American Economic Association, vol. 15(2), pages 309-344, May.
    • Handle: RePEc:aea:aejmic:v:15:y:2023:i:2:p:309-44
    DOI: 10.1257/mic.20210082
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    Cited by:

    1. Alaoui, Larbi & Janezic, Katharina A. & Penta, Antonio, 2022. "Coordination and Sophistication," TSE Working Papers 22-1394, Toulouse School of Economics (TSE).
    2. Larbi Alaoui & Katharina A. Janezic & Antonio Penta, 2022. "Coordination and sophistication," Economics Working Papers 1849, Department of Economics and Business, Universitat Pompeu Fabra.
    3. Larbi Alaoui & Katharina A. Janezic & Antonio Penta, 2022. "Coordination and Sophistication," Working Papers 1372, Barcelona School of Economics.

    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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