Please use this identifier to cite or link to this item: http://hdl.handle.net/2381/44091
Title: How Portable Is Level‐0 Behavior? A Test of Level‐k Theory in Games With Non‐Neutral Frames
Authors: Heap, Shaun Hargreaves
Arjona, David Rojo
Sugden, Robert
First Published: 2-Jun-2014
Publisher: Econometric Society
Citation: Econometrica, 2014, 82 (3), pp. 1133-1151 (19)
Abstract: 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.
DOI Link: 10.3982/ECTA11132
ISSN: 0012-9682
eISSN: 1468-0262
Links: https://onlinelibrary.wiley.com/doi/abs/10.3982/ECTA11132
http://hdl.handle.net/2381/44091
Version: Publisher Version
Status: Peer-reviewed
Type: Journal Article
Rights: Copyright © 2014, Econometric Society. Deposited with reference to the publisher’s open access archiving policy. (http://www.rioxx.net/licenses/all-rights-reserved)
Appears in Collections:Published Articles, Dept. of Economics

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