A two-step guessing game

DOI10.1007/S11238-023-09967-3MaRDI QIDQ6592880zbMATH OpenFDO

Authors King King Li, Kang Rong

Publication date 26 August 2024

Published in Theory and Decision (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/S11238-023-09967-3

zbMATH Keywords

experimentbest response reasoningP beauty contest

Mathematics Subject Classification ID

Decision theory for games (91A35) Multistage and repeated games (91A20) Experimental studies (91A90)

Recommendations

• Endogenous depth of reasoning
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Cites work

• A Cognitive Hierarchy Model of Games
• Endogenous depth of reasoning
• Identifying higher-order rationality
• Inspired and inspiring: Hervé Moulin and the discovery of the beauty contest game
• Level-k Auctions: Can a Nonequilibrium Model of Strategic Thinking Explain the Winner's Curse and Overbidding in Private-Value Auctions?
• On the persistence of strategic sophistication
• Random choice as behavioral optimization
• Reasoning about others' reasoning
• The two-person beauty contest

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