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How strategic are children and adolescents? Experimental evidence from normal-form games

Czermak, Simon
•
FERI, FRANCESCO
•
Glätzle Rützler, Daniela
•
Sutter, Matthias
2016
  • journal article

Periodico
JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION
Abstract
We examine the strategic sophistication of 196 children and adolescents, aged 10 to 17 years, in experimental normal-form games. Besides choices, we also elicit first- and second-order beliefs. The share of subjects playing Nash or expecting opponents to play Nash is fairly stable across all age groups. The likelihood of playing best response to own beliefs increases in math skills. Using a mixture model, about 40% of subjects are classified as a strategic type, while the others are non-strategic. The distribution of types is somewhat changing with age. The estimated error rates also show some dependency on age and gender.
DOI
10.1016/j.jebo.2016.04.004
WOS
WOS:000380077300018
Archivio
http://hdl.handle.net/11368/2895756
info:eu-repo/semantics/altIdentifier/scopus/2-s2.0-84975078694
http://www.sciencedirect.com/science/article/pii/S0167268116300440
Diritti
open access
license:copyright editore
license:digital rights management non definito
FVG url
https://arts.units.it/request-item?handle=11368/2895756
Soggetti
  • Adolescent

  • Age

  • Belief

  • Experiment

  • Strategic thinking

  • Economics and Econome...

  • Organizational Behavi...

Web of Science© citazioni
14
Data di acquisizione
Mar 27, 2024
Visualizzazioni
4
Data di acquisizione
Apr 19, 2024
Vedi dettagli
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