Strategic interactions and belief formation: an experiment
Traditional 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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Volume (Year): 17 (2010)
Issue (Month): 17 ()
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"Dumbing down rational players: Learning and teaching in an experimental game,"
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