Adverse selection and contingent reasoning in preadolescents and teenagers

DOI10.1016/J.GEB.2022.03.010MaRDI QIDQ2673229zbMATH OpenOpenAlexFDO

Authors Isabelle Brocas, Juan D. Carrillo

Publication date 9 June 2022

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

Full work available at URL https://doi.org/10.1016/j.geb.2022.03.010

zbMATH Keywords

contingent reasoningdevelopmental decision-makinglab-in-the-field experimentwinner's curse

Mathematics Subject Classification ID

Experimental work for problems pertaining to game theory, economics, and finance (91-05) Decision theory (91B06)

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Cites work

• Cursed Equilibrium
• Heterogeneous quantal response equilibrium and cognitive hierarchies
• Imperfect choice or imperfect attention? Understanding strategic thinking in private information games
• Level-k Auctions: Can a Nonequilibrium Model of Strategic Thinking Explain the Winner's Curse and Overbidding in Private-Value Auctions?
• No trade
• On the robustness of the winner's curse phenomenon
• The development of consistent decision-making across economic domains
• The development of randomization and deceptive behavior in mixed strategy games
• The evolution of choice and learning in the two-person beauty contest game from kindergarten to adulthood
• Value computation and modulation: a neuroeconomic theory of self-control as constrained optimization

Cited in

(4)

• The development of randomization and deceptive behavior in mixed strategy games
• The development gap in economic rationality of future elites
• Dynamic coordination in efficient and fair outcomes: a developmental perspective
• Trait emotional intelligence is related to risk taking when adolescents make deliberative decisions

Describes a project that uses

Uses Software

• oTree

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