Exploring the Capability to Backward Induct – An Experimental Study with Children and Young Adults
Author
Abstract
Suggested Citation
DOI: 10.4419/86788414
Download full text from publisher
References listed on IDEAS
- Björn Bartling & Ernst Fehr & Daniel Schunk, 2012.
"Health effects on children’s willingness to compete,"
Experimental Economics, Springer;Economic Science Association, vol. 15(1), pages 58-70, March.
- Björn Bartling & Ernst Fehr & Daniel Schunk, 2011. "Health Effects on Children's Willingness to Compete," Working Papers 2011-014, Human Capital and Economic Opportunity Working Group.
- Bartling, Björn & Fehr, Ernst & Schunk, Daniel, 2011. "Health Effects on Children's Willingness to Compete," IZA Discussion Papers 5740, Institute of Labor Economics (IZA).
- Björn Bartling & Ernst Fehr & Daniel Schunk, 2011. "Health Effects on Children's Willingness to Compete," SOEPpapers on Multidisciplinary Panel Data Research 381, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Sutter, Matthias & Kocher, Martin G., 2007.
"Trust and trustworthiness across different age groups,"
Games and Economic Behavior, Elsevier, vol. 59(2), pages 364-382, May.
- Martin Kocher & Matthias Sutter, 2007. "Trust and trustworthiness across different age groups," Artefactual Field Experiments 00110, The Field Experiments Website.
- Sutter, Matthias & Kocher, Martin G., 2007. "Trust and trustworthiness across different age groups," Munich Reprints in Economics 18182, University of Munich, Department of Economics.
- Matthias Sutter & Martin G. Kocher & Daniela Glätzle-Rützler & Stefan T. Trautmann, 2013.
"Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior,"
American Economic Review, American Economic Association, vol. 103(1), pages 510-531, February.
- Matthias Sutter & Martin G. Kocher & Daniela Glätzle-Rützler & Stefan T. Trautmann, 2010. "Impatience and uncertainty: Experimental decisions predict adolescents' field behavior," Working Papers 2010-29, Faculty of Economics and Statistics, Universität Innsbruck.
- Matthias Sutter & Martin G. Kocher & Daniela Rützler & Stefan T. Trautmann, 2011. "Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior," CESifo Working Paper Series 3635, CESifo.
- Sutter, Matthias & Kocher, Martin G. & Rützler, Daniela & Trautmann, Stefan T., 2010. "Impatience and Uncertainty: Experimental Decisions Predict Adolecents' Field Behavior," Discussion Papers in Economics 12114, University of Munich, Department of Economics.
- Rützler, Daniela & Sutter, Matthias & Kocher, Martin G. & Trautmann, Stefan T., 2011. "Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior," VfS Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis 48720, Verein für Socialpolitik / German Economic Association.
- Sutter, Matthias & Kocher, Martin G. & Glätzle-Rützler, Daniela & Trautmann, Stefan T., 2010. "Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior," IZA Discussion Papers 5404, Institute of Labor Economics (IZA).
- Sutter, Matthias & Kocher, Martin G. & Daniela, G.-R. & Trautmann, Stefan T., 2013. "Impatience and uncertainty: Experimental decisions predict adolescents' field behavior," Munich Reprints in Economics 18223, University of Munich, Department of Economics.
- Hoffmann, Robert & Tee, Jin-Yee, 2006.
"Adolescent-adult interactions and culture in the ultimatum game,"
Journal of Economic Psychology, Elsevier, vol. 27(1), pages 98-116, February.
- Robert Hoffmann & Jin-Yee Tee, 2003. "Adolescent-Adult Interactions and Culture in the Ultimatum Game," Occasional Papers 4, Nottingham University Business School.
- Robert Hoffmann & Jin-Yee Tee, 2003. "Adolescent-Adult Interactions and Culture in the Ultimatum Game," Occasional Papers 5, Industrial Economics Division.
- Czermak, Simon & Feri, Francesco & Glätzle-Rützler, Daniela & Sutter, Matthias, 2010.
"Strategic Sophistication of Adolescents: Evidence from Experimental Normal-Form Games,"
IZA Discussion Papers
5049, Institute of Labor Economics (IZA).
- Simon Czermak & Francesco Feri & Daniela Glätzle-Rützler & Matthias Sutter, 2010. "Strategic sophistication of adolescents - Evidence from experimental normal-form games," Working Papers 2010-15, Faculty of Economics and Statistics, Universität Innsbruck.
- Murnighan, J. Keith & Saxon, Michael Scott, 1998.
"Ultimatum bargaining by children and adults,"
Journal of Economic Psychology, Elsevier, vol. 19(4), pages 415-445, August.
- J.Keith Murnighan & MIchael Saxon, 1998. "Ultimatum bargaining by children and adults," Artefactual Field Experiments 00100, The Field Experiments Website.
- Fey, Mark & McKelvey, Richard D & Palfrey, Thomas R, 1996.
"An Experimental Study of Constant-Sum Centipede Games,"
International Journal of Game Theory, Springer;Game Theory Society, vol. 25(3), pages 269-287.
- Fey, Mark & McKelvey, Richard D. & Palfrey, Thomas R., "undated". "An Experimental Study of Constant-sum Centipede Games," Working Papers 877, California Institute of Technology, Division of the Humanities and Social Sciences.
- Ignacio Palacios-Huerta & Oscar Volij, 2009.
"Field Centipedes,"
American Economic Review, American Economic Association, vol. 99(4), pages 1619-1635, September.
- Ignacio Palacios-Huerta & Oscar Volij, "undated". "Field Centipedes," Economic theory and game theory 020, Oscar Volij.
- Brosig, Jeannette & Rei[ss], J. Philipp, 2007. "Entry decisions and bidding behavior in sequential first-price procurement auctions: An experimental study," Games and Economic Behavior, Elsevier, vol. 58(1), pages 50-74, January.
- William Harbaugh & Kate Krause & Lise Vesterlund, 2002.
"Risk Attitudes of Children and Adults: Choices Over Small and Large Probability Gains and Losses,"
Experimental Economics, Springer;Economic Science Association, vol. 5(1), pages 53-84, June.
- William T. Harbaugh & Kate Krause & Lise Vesterlund, 1999. "Risk attitudes of children and adults: choices over small and large probability gains and losses," University of Oregon Economics Department Working Papers 1999-2, University of Oregon Economics Department.
- William Harbaugh & Kate Krause & Lise Vesterlund, 2002. "Risk attitudes of children and adults: Choices over small and large probability gains and losses," Artefactual Field Experiments 00055, The Field Experiments Website.
- Rapoport, Amnon & Stein, William E. & Parco, James E. & Nicholas, Thomas E., 2003. "Equilibrium play and adaptive learning in a three-person centipede game," Games and Economic Behavior, Elsevier, vol. 43(2), pages 239-265, May.
- Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer;Economic Science Association, vol. 10(2), pages 171-178, June.
- Otto, Annette M.C. & Schots, Paul A.M. & Westerman, Joris A.J. & Webley, Paul, 2006. "Children's use of saving strategies: An experimental approach," Journal of Economic Psychology, Elsevier, vol. 27(1), pages 57-72, February.
- Thomas Dohmen & Armin Falk & David Huffman & Uwe Sunde, 2012.
"The Intergenerational Transmission of Risk and Trust Attitudes,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 79(2), pages 645-677.
- Dohmen, Thomas & Falk, Armin & Huffman, David B. & Sunde, Uwe, 2006. "The Intergenerational Transmission of Risk and Trust Attitudes," IZA Discussion Papers 2380, Institute of Labor Economics (IZA).
- Dohmen, Thomas J. & Falk, Armin & Huffman, David & Sunde, Uwe, 2012. "The intergenerational transmission of risk and trust attitudes," Munich Reprints in Economics 20051, University of Munich, Department of Economics.
- Falk, Armin & Dohmen, Thomas J & Sunde, Uwe & Huffman, David, 2008. "The Intergenerational Transmission of Risk and Trust Attitudes," CEPR Discussion Papers 6844, C.E.P.R. Discussion Papers.
- Thomas Dohmen & Armin Falk & David Huffman & Uwe Sunde, 2008. "The Intergenerational Transmission of Risk and Trust Attitudes," CESifo Working Paper Series 2307, CESifo.
- Steven D. Levitt & John A. List & Sally E. Sadoff, 2011.
"Checkmate: Exploring Backward Induction among Chess Players,"
American Economic Review, American Economic Association, vol. 101(2), pages 975-990, April.
- Steven D. Levitt & John A. List & Sally E. Sadoff, 2009. "Checkmate: Exploring Backward Induction Among Chess Players," NBER Working Papers 15610, National Bureau of Economic Research, Inc.
- Steven Levitt & John List & Sally Sadoff, 2010. "Checkmate: Exploring backward induction among chess players," Artefactual Field Experiments 00081, The Field Experiments Website.
- Gneezy, Uri & Rustichini, Aldo & Vostroknutov, Alexander, 2010. "Experience and insight in the Race game," Journal of Economic Behavior & Organization, Elsevier, vol. 75(2), pages 144-155, August.
- C. McKinney & John Huyck, 2006. "Does seeing more deeply into a game increase one’s chances of winning?," Experimental Economics, Springer;Economic Science Association, vol. 9(3), pages 297-303, September.
- Sutter, Matthias, 2007.
"Outcomes versus intentions: On the nature of fair behavior and its development with age,"
Journal of Economic Psychology, Elsevier, vol. 28(1), pages 69-78, January.
- Matthias Sutter, 2007. "Outcomes versus intentions. on the nature of fair behavior and its development with age," Artefactual Field Experiments 00109, The Field Experiments Website.
- Harbaugh, William T. & Krause, Kate & Vesterlund, Lise, 2001. "Are adults better behaved than children? Age, experience, and the endowment effect," Economics Letters, Elsevier, vol. 70(2), pages 175-181, February.
- Uri Gneezy & Aldo Rustichini, 2004.
"Gender and Competition at a Young Age,"
American Economic Review, American Economic Association, vol. 94(2), pages 377-381, May.
- Uri Gneezy & Aldo Rustichini, 2004. "Gender and competition at a young age," Framed Field Experiments 00151, The Field Experiments Website.
- Greiner, Ben, 2004. "An Online Recruitment System for Economic Experiments," MPRA Paper 13513, University Library of Munich, Germany.
- Dufwenberg, Martin & Sundaram, Ramya & Butler, David J., 2010. "Epiphany in the Game of 21," Journal of Economic Behavior & Organization, Elsevier, vol. 75(2), pages 132-143, August.
- Johnson, Eric J. & Camerer, Colin & Sen, Sankar & Rymon, Talia, 2002.
"Detecting Failures of Backward Induction: Monitoring Information Search in Sequential Bargaining,"
Journal of Economic Theory, Elsevier, vol. 104(1), pages 16-47, May.
- Johnson, Eric J. & Camerer, Colin & Sen, Sankar & Rymon, Talia, 1998. "Detecting Failures of Backward Induction: Monitoring Information Search in Sequential Bargaining," Working Papers 1040, California Institute of Technology, Division of the Humanities and Social Sciences.
- Ernst Fehr & Helen Bernhard & Bettina Rockenbach, 2008. "Egalitarianism in young children," Nature, Nature, vol. 454(7208), pages 1079-1083, August.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Geng, Sen & Peng, Yujia & Shachat, Jason & Zhong, Huizhen, 2015.
"Adolescents, cognitive ability, and minimax play,"
Economics Letters, Elsevier, vol. 128(C), pages 54-58.
- Shachat, Jason & Geng, Sen & Peng, Yujia & Zhong, Huizhen, 2014. "Adolescents, Cognitive Ability, and Minimax Play," MPRA Paper 57710, University Library of Munich, Germany.
- Isabelle Brocas & Juan D Carrillo, 2018.
"The determinants of strategic thinking in preschool children,"
PLOS ONE, Public Library of Science, vol. 13(5), pages 1-14, May.
- Brocas, Isabelle & Carrillo, Juan, 2017. "The Determinants of Strategic Thinking in Preschool Children," CEPR Discussion Papers 12253, C.E.P.R. Discussion Papers.
- Brosig-Koch, Jeannette & Heinrich, Timo & Helbach, Christoph, 2014.
"Does truth win when teams reason strategically?,"
Economics Letters, Elsevier, vol. 123(1), pages 86-89.
- Brosig-Koch, Jeannette & Heinrich, Timo & Helbach, Christoph, 2013. "Does Truth Win When Teams Reason Strategically?," Ruhr Economic Papers 396, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Brocas, Isabelle & Carrillo, Juan & Kodaverdian, Niree, 2017. "Altruism and strategic giving in children and adolescents," CEPR Discussion Papers 12288, C.E.P.R. Discussion Papers.
- repec:zbw:rwirep:0396 is not listed on IDEAS
- Jeanette Brosid-Koch & Timo Heinrich & Christoph Helbach, 2013. "Does Truth Win When Teams Reason Strategically?," Ruhr Economic Papers 0396, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
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.- repec:zbw:rwirep:0360 is not listed on IDEAS
- Jeannette Brosig-Koch & Timo Heinrich & Christoph Helbach, 2012. "Exploring the Capability to Backward Induct – An Experimental Study with Children and Young Adults," Ruhr Economic Papers 0360, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- Brosig-Koch, Jeannette & Heinrich, Timo & Helbach, Christoph, 2015. "Exploring the capability to reason backwards: An experimental study with children, adolescents, and young adults," European Economic Review, Elsevier, vol. 74(C), pages 286-302.
- Sutter, Matthias & Zoller, Claudia & Glätzle-Rützler, Daniela, 2019.
"Economic behavior of children and adolescents – A first survey of experimental economics results,"
European Economic Review, Elsevier, vol. 111(C), pages 98-121.
- Sutter, Matthias & Zoller, Claudia & Glätzle-Rützler, Daniela, 2018. "Economic Behavior of Children and Adolescents - A First Survey of Experimental Economics Results," IZA Discussion Papers 11947, Institute of Labor Economics (IZA).
- Horn, Dániel & Kiss, Hubert János & Lénárd, Tünde, 2022.
"Gender differences in preferences of adolescents: Evidence from a large-scale classroom experiment,"
Journal of Economic Behavior & Organization, Elsevier, vol. 194(C), pages 478-522.
- Dániel Horn & Hubert János Kiss & Tünde Lénárd, 2021. "Gender differences in preferences of adolescents: evidence from a large-scale classroom experiment," CERS-IE WORKING PAPERS 2103, Institute of Economics, Centre for Economic and Regional Studies.
- Spenkuch, Jörg, 2014. "Backward Induction in the Wild: Evidence from the U.S. Senate," MPRA Paper 58766, University Library of Munich, Germany.
- Cardella, Eric, 2012. "Learning to make better strategic decisions," Journal of Economic Behavior & Organization, Elsevier, vol. 84(1), pages 382-392.
- Valeria Maggian & Marie Claire Villeval, 2016.
"Social preferences and lying aversion in children,"
Experimental Economics, Springer;Economic Science Association, vol. 19(3), pages 663-685, September.
- Maggian, Valeria & Villeval, Marie Claire, 2013. "Social Preferences and Lying Aversion in Children," IZA Discussion Papers 7857, Institute of Labor Economics (IZA).
- Valeria Maggian & Marie Claire Villeval, 2014. "Social preferences and lying aversion in children," Post-Print halshs-01077225, HAL.
- Valeria Maggian & Marie Claire Villeval, 2016. "Social preferences and lying aversion in children," Post-Print halshs-01182730, HAL.
- Valeria Maggian & Marie Claire Villeval, 2015. "Social preferences and lying aversion in children," Working Papers halshs-00924980, HAL.
- Valeria Maggian & Marie Claire Villeval, 2013. "Social preferences and lying aversion in children," Working Papers 1337, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- 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.
- Kulesz, Micaela M. & Dittrich, Dennis A. V., 2014. "Intergenerational Cooperation: an Experimental Study on Beliefs," MPRA Paper 58584, University Library of Munich, Germany.
- Marco Mantovani, 2015. "Limited backward induction: foresight and behavior in sequential games," Working Papers 289, University of Milano-Bicocca, Department of Economics, revised Jan 2015.
- Paolo Crosetto & Marco Mantovani, 2012. "Availability of Information and Representation Effects in the Centipede Game," Jena Economics Research Papers 2012-051, Friedrich-Schiller-University Jena.
- Martin G. Kocher, 2015. "How Trust in Social Dilemmas Evolves with Age," CESifo Working Paper Series 5447, CESifo.
- Brosig-Koch, Jeannette & Heinrich, Timo & Helbach, Christoph, 2014.
"Does truth win when teams reason strategically?,"
Economics Letters, Elsevier, vol. 123(1), pages 86-89.
- Brosig-Koch, Jeannette & Heinrich, Timo & Helbach, Christoph, 2013. "Does Truth Win When Teams Reason Strategically?," Ruhr Economic Papers 396, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Bernardo García-Pola & Nagore Iriberri & Jaromír Kovářík, 2020. "Hot versus cold behavior in centipede games," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 6(2), pages 226-238, December.
- Etienne Dagorn & David Masclet & Thierry Penard, 2019. "Les expériences sur les préférences individuelles et sociales des enfants et des adolescents : une revue de la litterature," Economics Working Paper Archive (University of Rennes & University of Caen) 2019-11, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
- Catherine Eckel & Philip Grossman & Cathleen Johnson & Angela Oliveira & Christian Rojas & Rick Wilson, 2012. "School environment and risk preferences: Experimental evidence," Journal of Risk and Uncertainty, Springer, vol. 45(3), pages 265-292, December.
- Dufwenberg, Martin & Van Essen, Matt, 2018.
"King of the Hill: Giving backward induction its best shot,"
Games and Economic Behavior, Elsevier, vol. 112(C), pages 125-138.
- Martin Dufwenberg & Matt Van Essen, 2016. "King of the Hill: Giving Backward Induction its Best Shot," CESifo Working Paper Series 6169, CESifo.
- Steven D. Levitt & John A. List & Sally E. Sadoff, 2011.
"Checkmate: Exploring Backward Induction among Chess Players,"
American Economic Review, American Economic Association, vol. 101(2), pages 975-990, April.
- Steven D. Levitt & John A. List & Sally E. Sadoff, 2009. "Checkmate: Exploring Backward Induction Among Chess Players," NBER Working Papers 15610, National Bureau of Economic Research, Inc.
- Steven Levitt & John List & Sally Sadoff, 2010. "Checkmate: Exploring backward induction among chess players," Artefactual Field Experiments 00081, The Field Experiments Website.
- Philippe Gillen & Alexander Rasch & Achim Wambach & Peter Werner, 2016. "Bid pooling in reverse multi-unit Dutch auctions: an experimental investigation," Theory and Decision, Springer, vol. 81(4), pages 511-534, November.
- Kawagoe, Toshiji & Takizawa, Hirokazu, 2012. "Level-k analysis of experimental centipede games," Journal of Economic Behavior & Organization, Elsevier, vol. 82(2), pages 548-566.
More about this item
Keywords
Backward induction; learning; age effects; experimental economics; children;All these keywords.
JEL classification:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
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:zbw:rwirep:360. 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/rwiesde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.