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Order of Play, Forward Induction, and Presentation Effects in Two-Person Games

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  • R. Muller

    ()

  • Asha Sadanand

    ()

Abstract

We investigate the effects of order-of-play (simultaneous, unobserved sequential and fully observed sequential play) and form of presentation (extensive vs. normal) in three simple two person games: battle-of-the-sexes with and without outside option and a three strategy game which differentiates between virtual observability (VO) and iterated elimination of dominated strategies as principles of equilibrium selection. VO predicts that knowledge of the order of play alone will affect the distribution of strategies chosen. We contrast this with the predictions of iterated elimination of dominated strategies. We report results from 1800 one-shot games conducted in 6 sessions with 120 subjects and analysed as panel data. The form of presentation strongly affects the distribution of outcomes and strategies. Information about order of play shifts the distribution of strategies away from the distribution in simultaneous play and towards the distribution in fully observed play, especially in the less complicated games presented in normal order. Order-of-play effects are less evident as complexity of the game increases. Extensive form presentation appears to induce sequential thinking even in simultaneously played games. Copyright Kluwer Academic Publishers 2003

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Bibliographic Info

Article provided by Springer in its journal Experimental Economics.

Volume (Year): 6 (2003)
Issue (Month): 1 (June)
Pages: 5-25

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Handle: RePEc:kap:expeco:v:6:y:2003:i:1:p:5-25

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Web page: http://www.springerlink.com/link.asp?id=102888

Related research

Keywords: forward induction; virtual observability; order-of-play; presentation effects; battle of the sexes;

References

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  11. Guth, Werner & Huck, Steffen & Rapoport, Amnon, 1998. "The limitations of the positional order effect: Can it support silent threats and non-equilibrium behavior?," Journal of Economic Behavior & Organization, Elsevier, vol. 34(2), pages 313-325, February.
  12. Camerer, Colin F. & Knez, Marc & Weber, Roberto A., 1996. "Timing and Virtual Observability in Ultimatum Bargaining and Weak Link Coordination Games," Working Papers 970, California Institute of Technology, Division of the Humanities and Social Sciences.
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Citations

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Cited by:
  1. Sau-Him Lau & Vai-Lam Mui, 2008. "Using Turn Taking to Mitigate Coordination and Conflict Problems in the Repeated Battle of the Sexes Game," Theory and Decision, Springer, vol. 65(2), pages 153-183, September.
  2. Jordi Brandts & Antonio Cabrales & Gary Charness, 2003. "Forward induction and the excess capacity puzzle: An experimental investigation," Working Papers 76, Barcelona Graduate School of Economics.
  3. David Masclet & Marc Willinger, 2006. "Does Contributing Sequentially Increase the Level of Cooperation in Public Goods Games ? An Experimental Investigation," Working Papers 06-04, LAMETA, Universtiy of Montpellier, revised Jan 2006.
  4. Jordi Brandts & Ayça Ebru Giritligil, 2006. "Entry and Market Selection of Firms: A Laboratory Study," UFAE and IAE Working Papers 690.07, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
  5. repec:ebl:ecbull:v:3:y:2007:i:13:p:1-9 is not listed on IDEAS
  6. Caminati, Mauro & Innocenti, Alessandro & Ricciuti, Roberto, 2006. "Drift effect under timing without observability: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 61(3), pages 393-414, November.
  7. Tao Li, 2007. "Are there timing effects in coordination game experiments?," Economics Bulletin, AccessEcon, vol. 3(13), pages 1-9.
  8. Max Albert & Werner Güth & Erich Kirchler & Boris Maciejovsky, 2007. "Are we nice(r) to nice(r) people?—An experimental analysis," Experimental Economics, Springer, vol. 10(1), pages 53-69, March.
  9. David Masclet & Marc Willinger & Charles Figuières, 2007. "The economics of the telethon: leadership, reciprocity and moral motivation," Working Papers 07-08, LAMETA, Universtiy of Montpellier, revised Oct 2007.
  10. Alessandro Innocenti & Mauro Caminati & Roberto Ricciuti, 2003. "Drift effect and timing without observability: experimental evidence," Department of Economics University of Siena 405, Department of Economics, University of Siena.

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