Anchored strategic reasoning

نویسندگان

چکیده

We propose a model whereby players’ beliefs about the opponents’ reasoning are anchored to an irrelevant number. The predicts that strategies adjusted toward anchor if they complements. If substitutes, adjustments away also possible. • An may influence choices directly or indirectly through beliefs. In games, both effects have same sign strategic These opposite substitutes.

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ژورنال

عنوان ژورنال: Economics Letters

سال: 2022

ISSN: ['1873-7374', '0165-1765']

DOI: https://doi.org/10.1016/j.econlet.2022.110330