Elicited Salience and Salience-Based Level-k
| Type of Publication: | Journal article |
| Publication status: | Published |
| URI (citable link): | http://nbn-resolving.de/urn:nbn:de:bsz:352-2-lyzdnuexxl0q4 |
| Author: | Wolff, Irenaeus |
| Year of publication: | 2016 |
| Published in: | Economics Letters ; 141 (2016). - pp. 134-137. - ISSN 0165-1765. - eISSN 1873-7374 |
| DOI (citable link): | https://dx.doi.org/10.1016/j.econlet.2016.02.011 |
| Summary: |
A level-k model based on a specific salience-pattern is the only model in the literature that accounts for behaviour in hide-and-seek games. This paper presents nine different experiments designed to measure salience. The elicited salience patterns tend to be similar, but none of them is similar to the pattern needed to allow the level-k model explain the hide-and-seek data. When based on any of the empirical salience measures, the salience-based level-k model does not fit the data well.
|
| JEL Classification: | C72; C91 |
| Subject (DDC): | 330 Economics |
| Keywords: | ABAA, Hide and seek, Cognitive hierarchy, Strategic reasoning |
| Link to License: | In Copyright |
| Refereed: | Yes |
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WOLFF, Irenaeus, 2016. Elicited Salience and Salience-Based Level-k. In: Economics Letters. 141, pp. 134-137. ISSN 0165-1765. eISSN 1873-7374. Available under: doi: 10.1016/j.econlet.2016.02.011
@article{Wolff2016Elici-34559.2, title={Elicited Salience and Salience-Based Level-k}, year={2016}, doi={10.1016/j.econlet.2016.02.011}, volume={141}, issn={0165-1765}, journal={Economics Letters}, pages={134--137}, author={Wolff, Irenaeus} }
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