How+Portable+is+Level-0+behaviour+2014-Econometrica.pdf (932.81 kB)
Download file

How Portable Is Level‐0 Behavior? A Test of Level‐k Theory in Games With Non‐Neutral Frames

Download (932.81 kB)
journal contribution
posted on 14.05.2019, 14:56 by Shaun Hargreaves Heap, David Rojo Arjona, Robert Sugden
We test the portability of level‐0 assumptions in level‐k theory in an experimental investigation of behavior in Coordination, Discoordination, and Hide and Seek games with common, non‐neutral frames. Assuming that level‐0 behavior depends only on the frame, we derive hypotheses that are independent of prior assumptions about salience. Those hypotheses are not confirmed. Our findings contrast with previous research which has fitted parameterized level‐k models to Hide and Seek data. We show that, as a criterion of successful explanation, the existence of a plausible model that replicates the main patterns in these data has a high probability of false positives.

Funding

Hargreaves Heap’s and Sugden’s work was supported by the Economic and Social Research Council through the Network for Integrated Behavioural Science (Grant reference ES/K002201/1)

History

Citation

Econometrica, 2014, 82 (3), pp. 1133-1151 (19)

Author affiliation

/Organisation/COLLEGE OF SOCIAL SCIENCES, ARTS AND HUMANITIES/School of Business

Version

VoR (Version of Record)

Published in

Econometrica

Publisher

Econometric Society

issn

0012-9682

eissn

1468-0262

Copyright date

2014

Available date

14/05/2019

Publisher version

https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA11132

Language

en