Strategic interactions and belief formation: An experiment
AbstractTraditional models of belief formation in repeated games assume adaptive players who do not take strategic interactions into account. We find that these approaches are limited in the sense that people think more strategically and realize that, in contrast with the classical view, their own actions are likely to influence their opponents' behaviour.
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Bibliographic InfoPaper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number hal-00607238.
Date of creation: 2010
Date of revision:
Publication status: Published, Applied Economics Letters, 2010, 17, 17, 1681-1685
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behaviour ; games;
Other versions of this item:
- Kyle Hyndman & Antoine Terracol & Jonathan Vaksmann, 2010. "Strategic interactions and belief formation: an experiment," Applied Economics Letters, Taylor and Francis Journals, vol. 17(17), pages 1681-1685.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Antoine Terracol & Jonathan Vaksmann, 2009.
"Dumbing down rational players: Learning and teaching in an experimental game,"
UniversitÃ© Paris1 PanthÃ©on-Sorbonne (Post-Print and Working Papers)
- Terracol, Antoine & Vaksmann, Jonathan, 2009. "Dumbing down rational players: Learning and teaching in an experimental game," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 54-71, May.
- Antoine Terracol & Jonathan Vaksmann, 2007. "Dumbing down rational players : learning and teaching in an experimental game," UniversitÃ© Paris1 PanthÃ©on-Sorbonne (Post-Print and Working Papers) halshs-00145436, HAL.
- Antoine Terracol & Jonathan Vaksmann, 2007. "Dumbing down rational players : Learning and teaching in an experimental game," Documents de travail du Centre d'Economie de la Sorbonne bla07017, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Wolf Ze'ev Ehrblatt & Kyle Hyndman & Erkut Y. ÄOzbay & Andrew Schotter, 2006. "Convergence: An Experimental Study," Levine's Working Paper Archive 122247000000001148, David K. Levine.
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- Cheung, Yin-Wong & Friedman, Daniel, 1997. "Individual Learning in Normal Form Games: Some Laboratory Results," Games and Economic Behavior, Elsevier, vol. 19(1), pages 46-76, April.
- Camerer, Colin F. & Ho, Teck H. & Chong, Juin-Kuan., 2000. "Sophisticated EWA Learning and Strategic Teaching in Repeated Games," Working Papers 1087, California Institute of Technology, Division of the Humanities and Social Sciences.
- Battalio, Raymond & Samuelson, Larry & Van Huyck, John, 2001. "Optimization Incentives and Coordination Failure in Laboratory Stag Hunt Games," Econometrica, Econometric Society, vol. 69(3), pages 749-64, May.
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