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来源类型Working Paper
规范类型报告
DOI10.3386/w15610
来源IDWorking Paper 15610
Checkmate: Exploring Backward Induction Among Chess Players
Steven D. Levitt; John A. List; Sally E. Sadoff
发表日期2009-12-23
出版年2009
语种英语
摘要Although backward induction is a cornerstone of game theory, most laboratory experiments have found that agents are not able to successfully backward induct. Much of this evidence, however, is generated using the Centipede game, which is ill-suited for testing the theory. In this study, we analyze the play of world class chess players both in the centipede game and in another class of games - Race to 100 games - that are pure tests of backward induction. We find that world class chess players behave like student subjects in the centipede game, virtually never playing the backward induction equilibrium In the race to 100 games, in contrast, we find that many chess players properly backward induct. Consistent with our claim that the Centipede game is not a useful test of backward induction, we find no systematic within-subject relationship between choices in the centipede game and performance in pure backward induction games.
主题Econometrics ; Experimental Design ; Microeconomics
URLhttps://www.nber.org/papers/w15610
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/573286
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GB/T 7714
Steven D. Levitt,John A. List,Sally E. Sadoff. Checkmate: Exploring Backward Induction Among Chess Players. 2009.
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