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| Tekijä: | Metrick, A. |
| Otsikko: | A natural experiment in "Jeopardy!" |
| Lehti: | American Economic Review
1995 : MAR, VOL. 85:1, p. 240-253 |
| Asiasana: | TELEVISION RECEIVERS INDUSTRY GAMES UNCERTAINTY |
| Kieli: | eng |
| Tiivistelmä: | This paper uses the television game show "Jeopardy!" as a natural experiment to analyze behavior under uncertainty and the ability of players to choose strategic best-responses. The results suggest that, while most players bet in a rational manner, the failure rate for choosing best-responses increases as the betting problem grows more complex and that players' choices are affected by the "frame" of the problem. |
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