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GO figure: Analytic and strategic skills are separable

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  • Baghestanian, Sascha
  • Frey, Seth

Abstract

We measure the game behavior and analytic reasoning skills of expert strategic reasoners: professional GO players. We argue for a distinction between what we call “strategic” and “analytic” reasoning skills and present separate measures to elicit strategic and analytic abilities. The paper investigates the behavior of our subject pool in many different types of one-shot games, including the Traveler’s Dilemma, Centipede, Kreps, and Matching Pennies games. We observe that increased strategic skill predicts a greater probability of Nash behavior, while greater analytic skill predicts more cooperative play, even when such behavior is inconsistent with individual rationality.

Suggested Citation

  • Baghestanian, Sascha & Frey, Seth, 2016. "GO figure: Analytic and strategic skills are separable," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 64(C), pages 71-80.
  • Handle: RePEc:eee:soceco:v:64:y:2016:i:c:p:71-80
    DOI: 10.1016/j.socec.2015.06.004
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    References listed on IDEAS

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    Cited by:

    1. Duffy, Sean & Naddeo, JJ & Owens, David & Smith, John, 2016. "Cognitive load and mixed strategies: On brains and minimax," MPRA Paper 89720, University Library of Munich, Germany.
    2. Brañas-Garza, Pablo & Smith, John, 2016. "Cognitive abilities and economic behavior," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 64(C), pages 1-4.

    More about this item

    Keywords

    Experimental economics; Cognitive ability; Economic psychology; Social preferences; Centipede; Traveler’s Dilemma; Matching Pennies; Kreps;

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D03 - Microeconomics - - General - - - Behavioral Microeconomics: Underlying Principles
    • D87 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Neuroeconomics

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