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Tekijä: | Bacharach, M. Stahl, D.O. |
Otsikko: | Variable-frame level-n theory |
Lehti: | Games and Economic Behavior
2000 : AUG, VOL. 32:2, p. 220-246 |
Asiasana: | Theories |
Kieli: | eng |
Tiivistelmä: | This paper develops a boundedly rational version of variable frame theory by merging the variable-frame concept with level-n theory. Variable frame theory assumes that a player's options are determined by a set of attributes (the "frame"), which induce a partition of the action set. Schelling competence emerges by combining frame-induced options with unbounded rationality and with payoff-dominance and symmetry disqualification. The weak empirical evidence for these assumptions motivates variable frame level-n theory, which predicts the Schelling competence by combining a non-rational level-0 tendency with reasoning by higher-level players. |
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