Cognitive effort in the Beauty Contest Game
By Pablo Brañas-Garza, Teresa García-Muñoz, Roberto Hernán González. 2012
196 citations recorded by the source corpus.
This paper analyzes cognitive effort in 6 different oneshot p-beauty games. We use both Raven and Cognitive Reflection tests to identify subjects’ abilities. We find that the Raven test does not provide any insight on Beauty Contest Game playing but CRT does: subjects with higher scores on this test are more prone to play dominant strategies. The results are confirmed when levels of reasoning instead of entries in the BCG are used.
Subfields: General Decision Sciences, Management Science and Operations Research, Safety Research
View Paper: https://www.semanticscholar.org/paper/4b77fec43a86a92bf4093fffdd1038699eb07a19
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Citations in the corpus
- Cognitive (ir)reflection: New experimental evidence☆ (2016, background): “9 Our finding that males score significantly higher than females in CRT adds further support to the existing literature (Frederick, 2005; Oechssler et al., 2009; Brañas-Garza et al., 2012; Bosch-Domènech et al., 2014).”