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Strategic sophistication of individuals and teams. Experimental evidence

Many important decisions require strategic sophistication. We examine experimentally whether teams act more strategically than individuals. We let individuals and teams make choices in simple games, and also elicit first- and second-order beliefs. We find that teams play the Nash equilibrium strateg...

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Bibliographic Details
Main Authors: Sutter, Matthias, Czermak, Simon, Feri, Francesco
Format: Artigo
Language:Inglês
Published: IASP 2013
Subjects:
Online Access:https://ncbi.nlm.nih.gov/pmc/articles/PMC4047612/
https://ncbi.nlm.nih.gov/pubmed/24926100
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.euroecorev.2013.06.003
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