| Autor: |
Wanqun Zhao |
| Jazyk: |
angličtina |
| Rok vydání: |
2020 |
| Předmět: |
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| Zdroj: |
Games, Vol 11, Iss 3, p 40 (2020) |
| Druh dokumentu: |
article |
| ISSN: |
2073-4336 |
| DOI: |
10.3390/g11030040 |
| Popis: |
I designed an experiment to study the persistence of the prevailing levels of reasoning across games. Instead of directly comparing the k-level(s) of reasoning for each game, I used cognitive load to manipulate the strategic environment by imposing variations on the subject’s cost of reasoning and their first- and second-order beliefs. Subjects have systematic changes in k-level(s) of reasoning across games. That finding suggests that subjects are responsive to changes in the strategic environment. Changes in k-level(s) of reasoning are mostly consistent with the endogenous depth of reasoning model when subjects are more cognitively capable or facing less cognitively capable opponents. Subjects have cognitive bounds, but often choose a lower-type action due to their beliefs about their opponents. Finally, cognitive ability plays a significant role in subjects making strategic adjustments when facing different strategic environments. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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