TY - JOUR
T1 - Measuring Beliefs in an Experimental Lost Wallet Game
AU - Dufwenberg, Martin
AU - Gneezy, Uri
N1 - Funding Information: We wish to thank both the Academy of Finland and the European Commission (Contract Number HPRN-CT-2000-00022) for financial support.
PY - 2000/2
Y1 - 2000/2
N2 - We measure beliefs in an experimental game. Player 1 may take x<20 Dutch guilders, or leave it and let player 2 split 20 guilders between the players. We find that the higher is x (our treatment variable), the more likely is player 1 to take the x. Out of those who leave the x, many expect to get back less than x. There is no positive correlation between x and the amount y that 2 allocates to 1. However, there is positive correlation between y and 2's expectation of 1's expectation of y. Journal of Economic Literature Classification Numbers: C72, C92.
AB - We measure beliefs in an experimental game. Player 1 may take x<20 Dutch guilders, or leave it and let player 2 split 20 guilders between the players. We find that the higher is x (our treatment variable), the more likely is player 1 to take the x. Out of those who leave the x, many expect to get back less than x. There is no positive correlation between x and the amount y that 2 allocates to 1. However, there is positive correlation between y and 2's expectation of 1's expectation of y. Journal of Economic Literature Classification Numbers: C72, C92.
UR - http://www.scopus.com/inward/record.url?scp=0001084855&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0001084855&partnerID=8YFLogxK
U2 - 10.1006/game.1999.0715
DO - 10.1006/game.1999.0715
M3 - Article
SN - 0899-8256
VL - 30
SP - 163
EP - 182
JO - Games and Economic Behavior
JF - Games and Economic Behavior
IS - 2
ER -