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Common reason to believe and framing effect in the team reasoning theory: an experimental approach

  • Leonardo Becchetti

    ()

    (University of Rome Tor Vergata)

  • Giacomo Degli Antoni

    ()

    (EconomEtica)

  • Marco Faillo

    ()

    (University of Trento - Faculty of Economics)

The present paper is aimed at empirically verifying the role of the “common reason to believe” (Sugden 2003) and of framing (Bacharach 1999 and 2006) within the theory of team reasoning. The analysis draws on data collected trough a Traveler’s Dilemma experiment. To study the role of the common reason to believe, players’ belief in their counterpart’s choice are elicited and the correlation between the endorsement of team reasoning and beliefs is considered. With respect to the idea of frame proposed by Bacharach, we study the effect of the reduction of social distance on the probability that the “we-frame” comes to players’ mind. Social distance is decreased by introducing a meeting between the two players after the game. It is shown that the common reason to believe appropriately explains the internal logic of team reasoning and that the reduction of social distance makes the “we-frame” more likely.

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Paper provided by Econometica in its series Econometica Working Papers with number wp15.

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Length: 24
Date of creation: Nov 2009
Date of revision:
Handle: RePEc:ent:wpaper:wp15
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