Level-k reasoning in a generalized beauty contest

DOI10.1016/J.GEB.2014.04.002MaRDI QIDQ2016241zbMATH OpenOpenAlexFDO

Authors Xianwen Shi, Artie Zillante, Dmitry A. Shapiro

Publication date 19 June 2014

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.geb.2014.04.002

zbMATH Keywords

coordination gameslevel-\(k\) modelsbeauty contests

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Signaling and communication in game theory (91A28)

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Cites work

• A Cognitive Hierarchy Model of Games
• Econometric specification of stochastic discount factor models
• Efficient Use of Information and Social�Value�of�Information
• Level-k Auctions: Can a Nonequilibrium Model of Strategic Thinking Explain the Winner's Curse and Overbidding in Private-Value Auctions?
• On players' models of other players: Theory and experimental evidence
• Out of your mind: eliciting individual reasoning in one shot games

Cited in

(9)

• How portable is level-0 behavior? A test of level-\(k\) theory in games with non-neutral frames
• The predominant role of signal precision in experimental beauty contests
• Depth of Reasoning and Information Revelation: An Experiment on the Distribution of k-Levels
• Revealing the depth of reasoning in \(p\)-beauty contest games
• Knowing me, imagining you: projection and overbidding in auctions
• Coordination under limited depth of reasoning
• An Adversarial Risk Analysis Framework for Batch Acceptance Problems
• On the persistence of strategic sophistication
• Inspired and inspiring: Hervé Moulin and the discovery of the beauty contest game

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