| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5072092 | Games and Economic Behavior | 2012 | 15 Pages |
Abstract
⺠I show that guessing the expected target values is not optimal even for n>2. ⺠I derive the level-k choice structure and fit its parameters to existing data. ⺠The goodness-of-fit of level-k is compared to those of high-level concepts. ⺠Quantal response equilibrium and noisy introspection are shown to fit better.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Yves Breitmoser,