Cognitive forward induction and coordination without common knowledge: An experimental study

B-Tier
Journal: Games and Economic Behavior
Year: 2010
Volume: 68
Issue: 2
Pages: 488-511

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper investigates optimal play in coordination games in which cognition plays an important role. In our game logically omniscient players would be able to identify a distinct coordination opportunity from other obvious facts. Real players may be unable to make the required inference. Our main experimental results are that in a coordination task with a cognitive component (1) players play differently when playing against themselves rather than against another player, and (2) given the opportunity, players signal cognition by choosing the coordination task over an outside option, a phenomenon which we refer to as cognitive forward induction.

Technical Details

RePEc Handle
repec:eee:gamebe:v:68:y:2010:i:2:p:488-511
Journal Field
Theory
Author Count
2
Added to Database
2026-01-24