A Cognitive Hierarchy Model of Behavior in Endogenous Timing Games
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Stahl, Dale II & Wilson, Paul W., 1994. "Experimental evidence on players' models of other players," Journal of Economic Behavior & Organization, Elsevier, vol. 25(3), pages 309-327, December.
- Miguel Fonseca & Wieland Müller & Hans-Theo Normann, 2006.
"Endogenous timing in duopoly: experimental evidence,"
International Journal of Game Theory, Springer;Game Theory Society, vol. 34(3), pages 443-456, October.
- Fonseca, M.A. & Müller, W. & Normann, H.T., 2005. "Endogenous Timing in Duopoly : Experimental Evidence," Discussion Paper 2005-77, Tilburg University, Center for Economic Research.
- Fonseca, M.A. & Müller, W. & Normann, H.T., 2006. "Endogenous timing in duopoly : Experimental evidence," Other publications TiSEM 4ce35136-68ab-4ee4-a119-4, Tilburg University, School of Economics and Management.
- Fonseca, M.A. & Müller, W. & Normann, H.T., 2005. "Endogenous Timing in Duopoly : Experimental Evidence," Other publications TiSEM ddc44fc6-8a7a-4320-bfb2-b, Tilburg University, School of Economics and Management.
- John C. Harsanyi & Reinhard Selten, 1988. "A General Theory of Equilibrium Selection in Games," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262582384, December.
- Hamilton, Jonathan H. & Slutsky, Steven M., 1990.
"Endogenous timing in duopoly games: Stackelberg or cournot equilibria,"
Games and Economic Behavior, Elsevier, vol. 2(1), pages 29-46, March.
- Hamilton, J.H. & Slutsky, S.M., 1988. "Endogenous Timing In Duopoly Games: Stackelberg Or Cournot Equilibria," Papers 88-4, Florida - College of Business Administration.
- Saloner, Garth, 1987. "Cournot duopoly with two production periods," Journal of Economic Theory, Elsevier, vol. 42(1), pages 183-187, June.
- Asen Ivanov & Dan Levin & James Peck, 2009.
"Hindsight, Foresight, and Insight: An Experimental Study of a Small-Market Investment Game with Common and Private Values,"
American Economic Review, American Economic Association, vol. 99(4), pages 1484-1507, September.
- Asen Ivanov & Dan Levin & James Peck, 2008. "Hindsight, Foresight, and Insight: An Experimental Study of a Small-Market Investment Game with Common and Private Values," Working Papers 0801, VCU School of Business, Department of Economics.
- Vincent P. Crawford & Miguel A. Costa-Gomes, 2006.
"Cognition and Behavior in Two-Person Guessing Games: An Experimental Study,"
American Economic Review, American Economic Association, vol. 96(5), pages 1737-1768, December.
- Costa-Gomes, Miguel A. & Crawford, Vincent P., 2004. "Cognition and Behavior in Two-Person Guessing Games: An Experimental Study," University of California at San Diego, Economics Working Paper Series qt449812fx, Department of Economics, UC San Diego.
- Miguel A. Costa-Gomes & Vincent P. Crawford, 2006. "Cognition and Behavior in Two-Person Guessing Games: An Experimental Study," Levine's Bibliography 321307000000000336, UCLA Department of Economics.
- Miguel A. Costa-Gomes & Vincent P. Crawford, 2004. "Cognition and Behavior in Two-Person Guessing Games: An Experimental Study," Levine's Bibliography 122247000000000113, UCLA Department of Economics.
- Miguel Costa-Gomes & Vincent P. Crawford, 2004. "Cognition And Behavior In Two-Person Guessing Games: An Experimental Study," Levine's Bibliography 122247000000000143, UCLA Department of Economics.
- Miguel A. Costa-Gomes & Vincent P. Crawford, 2004. "Cognition and Behavior in Two-Person Guessing Games: An Experimental Study," ISER Discussion Paper 0613, Institute of Social and Economic Research, Osaka University.
- Santos-Pinto, Luís, 2008.
"Making sense of the experimental evidence on endogenous timing in duopoly markets,"
Journal of Economic Behavior & Organization, Elsevier, vol. 68(3-4), pages 657-666, December.
- Santos-Pinto, Luís, 2006. "Making Sense of the Experimental Evidence on Endogenous Timing in Duopoly Markets," MPRA Paper 3142, University Library of Munich, Germany, revised 27 Apr 2007.
- Luis Santos Pinto, 2007. "Making sense of the experimental evidence on endogenous timing in duopoly markets," Nova SBE Working Paper Series wp505, Universidade Nova de Lisboa, Nova School of Business and Economics.
- Huck, Steffen & Muller, Wieland & Normann, Hans-Theo, 2002.
"To Commit or Not to Commit: Endogenous Timing in Experimental Duopoly Markets,"
Games and Economic Behavior, Elsevier, vol. 38(2), pages 240-264, February.
- Huck, Steffen & Müller, Wieland & Normann, Hans-Theo, 1999. "To commit or not to commit: Endogenous timing in experimental duopoly markets," SFB 373 Discussion Papers 1999,38, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- Huck, S. & Müller, W. & Normann, H.T., 2002. "To commit or not to commit : Endogenous timing in experimental duopoly markets," Other publications TiSEM 52f12df4-ce93-42ae-b8f4-5, Tilburg University, School of Economics and Management.
- Steffen Huck & Wieland Müller & Hans-Theo Normann, 1999. "To commit or not to commit: Endogenous timing in experimental duopoly markets," Experimental 9906002, University Library of Munich, Germany.
- McKelvey Richard D. & Palfrey Thomas R., 1995.
"Quantal Response Equilibria for Normal Form Games,"
Games and Economic Behavior, Elsevier, vol. 10(1), pages 6-38, July.
- McKelvey, Richard D. & Palfrey, Thomas R., 1994. "Quantal Response Equilibria For Normal Form Games," Working Papers 883, California Institute of Technology, Division of the Humanities and Social Sciences.
- R. McKelvey & T. Palfrey, 2010. "Quantal Response Equilibria for Normal Form Games," Levine's Working Paper Archive 510, David K. Levine.
- Colin F. Camerer & Teck-Hua Ho & Juin-Kuan Chong, 2004. "A Cognitive Hierarchy Model of Games," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(3), pages 861-898.
- Huck, Steffen & Muller, Wieland & Normann, Hans-Theo, 2001.
"Stackelberg Beats Cournot: On Collusion and Efficiency in Experimental Markets,"
Economic Journal, Royal Economic Society, vol. 111(474), pages 749-765, October.
- Huck, Steffen & Müller, Wieland & Normann, Hans-Theo, 1999. "Stackelberg beats Cournot: On collusion and efficiency in experimental markets," SFB 373 Discussion Papers 1999,32, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- Harless, David W. & Camerer, Colin F., 1995. "An error rate analysis of experimental data testing Nash refinements," European Economic Review, Elsevier, vol. 39(3-4), pages 649-660, April.
- Vincent P. Crawford & Nagore Iriberri, 2007.
"Fatal Attraction: Salience, Naïveté, and Sophistication in Experimental "Hide-and-Seek" Games,"
American Economic Review, American Economic Association, vol. 97(5), pages 1731-1750, December.
- Vincent P. Crawford & Nagore Iriberri, 2007. "Fatal Attraction: Salience, Naivete, and Sophistication in Experimental Hide-and-Seek Games," Levine's Bibliography 321307000000000861, UCLA Department of Economics.
- Robson, Arthur J, 1990. "Duopoly with Endogenous Strategic Timing: Stackelberg Regained," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(2), pages 263-274, May.
- Nagel, Rosemarie, 1995. "Unraveling in Guessing Games: An Experimental Study," American Economic Review, American Economic Association, vol. 85(5), pages 1313-1326, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Wright, James R. & Leyton-Brown, Kevin, 2017. "Predicting human behavior in unrepeated, simultaneous-move games," Games and Economic Behavior, Elsevier, vol. 106(C), pages 16-37.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Daniel Carvalho & Luís Santos-Pinto, 2014. "A cognitive hierarchy model of behavior in the action commitment game," International Journal of Game Theory, Springer;Game Theory Society, vol. 43(3), pages 551-577, August.
- Santos-Pinto, Luís, 2008.
"Making sense of the experimental evidence on endogenous timing in duopoly markets,"
Journal of Economic Behavior & Organization, Elsevier, vol. 68(3-4), pages 657-666, December.
- Santos-Pinto, Luís, 2006. "Making Sense of the Experimental Evidence on Endogenous Timing in Duopoly Markets," MPRA Paper 3142, University Library of Munich, Germany, revised 27 Apr 2007.
- Luis Santos Pinto, 2007. "Making sense of the experimental evidence on endogenous timing in duopoly markets," Nova SBE Working Paper Series wp505, Universidade Nova de Lisboa, Nova School of Business and Economics.
- Daniele Nosenzo & Martin Sefton, 2011.
"Endogenous Move Structure and Voluntary Provision of Public Goods: Theory and Experiment,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 13(5), pages 721-754, October.
- Daniele Nosenzo & Martin Sefton, 2009. "Endogenous Move Structure And Voluntary Provision Of Public Goods: Theory And Experiment," Discussion Papers 2009-09, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Daniele Nosenzo & Martin Sefton, 2010. "Endogenous Move Structure and Volunatary Provision of Public Goods: Theory and Experiment," Discussion Papers 2010-14, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Miguel A. Fonseca, 2019. "Endogenous Price Leadership with Asymmetric Costs: Experimental Evidence," Studies in Microeconomics, , vol. 7(1), pages 59-74, June.
- Daniele Nosenzo & Martin Sefton, 2011.
"Endogenous Move Structure and Voluntary Provision of Public Goods: Theory and Experiment,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 13(5), pages 721-754, October.
- Daniele Nosenzo & Martin Sefton, 2009. "Endogenous Move Structure And Voluntary Provision Of Public Goods: Theory And Experiment," Discussion Papers 2009-09, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Daniele Nosenzo & Martin Sefton, 2009. "Endogenous Move Structure And Voluntary Provision Of Public Goods: Theory And Experiment," Discussion Papers 2009-09, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Daniele Nosenzo & Martin Sefton, 2010. "Endogenous Move Structure And Voluntary Provision Of Public Goods: Theory And Experiment," Discussion Papers 2010-14, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Daniele Nosenzo & Martin Sefton, 2010. "Endogenous Move Structure and Volunatary Provision of Public Goods: Theory and Experiment," Discussion Papers 2010-14, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Georganas, Sotiris & Healy, Paul J. & Weber, Roberto A., 2015.
"On the persistence of strategic sophistication,"
Journal of Economic Theory, Elsevier, vol. 159(PA), pages 369-400.
- Sotiris Georganas & Paul J. Healy & Roberto A. Weber, 2014. "On the Persistence of Strategic Sophistication," CESifo Working Paper Series 4653, CESifo.
- Miguel A Costa-Gomes & Vincent P Crawford & Nagore Iriberri, 2008. "Comparing Models of Strategic Thinking in Van Huyck, Battalio, and Beil’s Coordination Games," Levine's Working Paper Archive 122247000000002346, David K. Levine.
- Wright, James R. & Leyton-Brown, Kevin, 2017. "Predicting human behavior in unrepeated, simultaneous-move games," Games and Economic Behavior, Elsevier, vol. 106(C), pages 16-37.
- Muller, Wieland, 2006.
"Allowing for two production periods in the Cournot duopoly: Experimental evidence,"
Journal of Economic Behavior & Organization, Elsevier, vol. 60(1), pages 100-111, May.
- Müller, W., 2003. "Allowing for Two Production Periods in the Cournot Duopoly : Experimental Evidence," Discussion Paper 2003-42, Tilburg University, Center for Economic Research.
- Müller, W., 2003. "Allowing for Two Production Periods in the Cournot Duopoly : Experimental Evidence," Other publications TiSEM c074dc14-e2ff-406f-94dd-8, Tilburg University, School of Economics and Management.
- Müller, W., 2006. "Allowing for two production periods in the Cournot duopoly : Experimental evidence," Other publications TiSEM 357e4d3c-5d3b-43ee-8d03-3, Tilburg University, School of Economics and Management.
- Berger, Ulrich & De Silva, Hannelore & Fellner-Röhling, Gerlinde, 2016.
"Cognitive hierarchies in the minimizer game,"
Journal of Economic Behavior & Organization, Elsevier, vol. 130(C), pages 337-348.
- Berger, Ulrich & De Silva, Hannelore & Fellner-Röhling, Gerlinde, 2016. "Cognitive Hierarchies in the Minimizer Game," Department of Economics Working Paper Series 211, WU Vienna University of Economics and Business.
- Ulrich Berger & Hannelore De Silva & Gerlinde Fellner-Röhling, 2016. "Cognitive Hierarchies in the Minimizer Game," Department of Economics Working Papers wuwp211, Vienna University of Economics and Business, Department of Economics.
- Arad Ayala, 2012. "The Tennis Coach Problem: A Game-Theoretic and Experimental Study," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 12(1), pages 1-43, April.
- García-Pola, Bernardo & Iriberri, Nagore & Kovářík, Jaromír, 2020.
"Non-equilibrium play in centipede games,"
Games and Economic Behavior, Elsevier, vol. 120(C), pages 391-433.
- Iriberri, Nagore & Kovarik, Jaromir & Garcia-Pola, Bernardo, 2016. "Non-equilibrium Play in Centipede Games," CEPR Discussion Papers 11477, C.E.P.R. Discussion Papers.
- Andreas Blume & John Duffy & April Mitchell Franco, 2008. "Decentralized Organizational Learning: An Experimental Investigation," Working Paper 382, Department of Economics, University of Pittsburgh, revised May 2009.
- Dimitris Batzilis & Sonia Jaffe & Steven Levitt & John A. List & Jeffrey Picel, 2019. "Behavior in Strategic Settings: Evidence from a Million Rock-Paper-Scissors Games," Games, MDPI, vol. 10(2), pages 1-34, April.
- Hildenbrand, Andreas, 2010. "Cournot or Stackelberg competition? A survey on experimental evidence," MPRA Paper 24468, University Library of Munich, Germany.
- Ayala Arad & Benjamin Bachi & Amnon Maltz, 2023. "On the relevance of irrelevant strategies," Experimental Economics, Springer;Economic Science Association, vol. 26(5), pages 1142-1184, November.
- Bosch-Domènech, Antoni & Vriend, Nicolaas J., 2013.
"On the role of non-equilibrium focal points as coordination devices,"
Journal of Economic Behavior & Organization, Elsevier, vol. 94(C), pages 52-67.
- Antoni Bosch-Domènech & Nicolaas J. Vriend, 2008. "On the role of non-equilibrium focal points as coordination devices," Economics Working Papers 1064, Department of Economics and Business, Universitat Pompeu Fabra.
- Antoni Bosch-Domènech & Nicolaas J. Vriend, 2008. "On the Role of Non-equilibrium Focal Points as Coordination Devices," Working Papers 621, Queen Mary University of London, School of Economics and Finance.
- Vincent P. Crawford & Nagore Iriberri, 2004.
"Fatal Attraction: Focality, Naivete, and Sophistication in Experimental Hide-and-Seek Games,"
Levine's Bibliography
122247000000000316, UCLA Department of Economics.
- Crawford, Vincent P. & Iriberri, Nagore, 2005. "Fatal Attraction: Focality, Naivete and Sophistication in Experimental “Hide and Seek” Games," University of California at San Diego, Economics Working Paper Series qt96v0t3kq, Department of Economics, UC San Diego.
- Vince P. Crawford & Nagore Iriberri, 2005. "Fatal Attraction: Focality, Naivete, and Sophistication in Experimental Hide-and-Seek Games," Levine's Bibliography 666156000000000454, UCLA Department of Economics.
- Vincent P. Crawford & Nagore Iriberri, 2004. "Fatal Attraction: Focality, Naivete, and Sophistication in Experimental Hide-and-Seek Games," Levine's Bibliography 122247000000000566, UCLA Department of Economics.
- Vincent P. Crawford & Nagore Iriberri, 2006. "Fatal Attraction: Focality, Naivete, and Sophistication in Experimental Hide-and-Seek Games," Levine's Bibliography 122247000000001176, UCLA Department of Economics.
- Vincent P. Crawford & Nagore Iriberri, 2004. "Fatal Attraction: Focality, Naivete, and Sophistication in Experimental Hide-and-Seek Games," Levine's Bibliography 122247000000000345, UCLA Department of Economics.
- Strzalecki, Tomasz, 2014.
"Depth of reasoning and higher order beliefs,"
Journal of Economic Behavior & Organization, Elsevier, vol. 108(C), pages 108-122.
- Tomasz Strzalecki, "undated". "Depth of Reasoning and Higher Order Beliefs," Working Paper 8334, Harvard University OpenScholar.
- Strzalecki, Tomasz, 2014. "Depth of Reasoning and Higher Order Beliefs," Scholarly Articles 14397608, Harvard University Department of Economics.
- Haruvy, Ernan & Stahl, Dale O., 2007. "Equilibrium selection and bounded rationality in symmetric normal-form games," Journal of Economic Behavior & Organization, Elsevier, vol. 62(1), pages 98-119, January.
More about this item
Keywords
endogenous timing games; thinking steps; cognitive hierarchy;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EVO-2010-10-16 (Evolutionary Economics)
- NEP-GTH-2010-10-16 (Game Theory)
- NEP-NEU-2010-10-16 (Neuroeconomics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lau:crdeep:10.06. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christina Seld (email available below). General contact details of provider: https://edirc.repec.org/data/deelsch.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.