Who knows it is a game ? On strategic awareness and cognitive ability

@inproceedings{Huck2015WhoKI,
  title={Who knows it is a game ? On strategic awareness and cognitive ability},
  author={Dietmar Fehr Steffen Huck},
  year={2015}
}
  • Dietmar Fehr Steffen Huck
  • Published 2015
Who knows it is a game? On strategic awareness and cognitive ability* We introduce the notion of strategic awareness in experimental games which captures the idea that subjects realize they are playing a game and thus have to form beliefs about others’ actions. The concept differs from both, rule understanding and rationality. We then turn to experimental evidence from a beauty contest game where we elicit measures of cognitive ability and beliefs about others’ cognitive ability. We show that… CONTINUE READING

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