How Many Levels Do Players Reason? Observational Challenges and a Solution-厦门大学金融系

How Many Levels Do Players Reason? Observational Challenges and a Solution
主讲人 Adam M. Brandenburger 简介 <blockquote cite="mid:540DE7B1-B0FE-4717-A0EB-00466BA4248E@gmail.com" type="cite" style="margin-top: 0px; margin-bottom: 0px; margin-left: 0.5em; font-size: 14px; line-height: 21px;"><blockquote type="cite" style="margin-top: 0px; margin-bottom: 0px; margin-left: 0.5em;"> <div style="position: static !important;">Abstract:<br /> <br /> How can a researcher identify the number of levels of reasoning undertaken by players in a game?&nbsp; We focus on the case where the researcher cannot observe players' beliefs.&nbsp; Instead, the researcher has access to data which serve as a signal of the players' strategies.&nbsp; In the case of simultaneous-move games, standard results relate levels of reasoning to rounds of elimination of dominated strategies and, thereby, allow the researcher to partition the data to answer this question.&nbsp; However, in extensive-form games, levels of reasoning cannot be directly related to elimination of conditionally dominated strategies.&nbsp; The main theorem of this paper shows how to solve the researcher's inference problem in extensive-form games.</div> </blockquote></blockquote>
时间 2014-12-08(星期一)16:30-18:30 地点 N303 经济楼/Economics Building
讲座语言 English 主办单位 WISE-SOE
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主讲人简介 <div>New&nbsp;York&nbsp;University</div> <div>&nbsp;</div> <div><a href="/EventsMgr/Upload/File/2014/12/20141201101911209.pdf">Prof. Adam M. Brandenburger' CV</a></div> 期数 “WISE-SOE”2014秋季学期“高级经济学系列讲座”第十四讲(总第335讲)--微观领域
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