posted on 2019-05-14, 14:56authored byShaun 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