Checkmate: Exploring Backward Induction among Chess Players
Although backward induction is a cornerstone of game theory, most laboratory experiments have found that agents are not able to successfully backward induct. We analyze the play of world-class chess players in the centipede game, which is ill-suited for testing backward induction, and in pure backwa...
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Volume: | 101 |
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Main Author: |
Sadoff, Sally E
List, John Levitt, Steven |
Format: | Journal Article |
Language: | English |
Place of publication: |
American Economic Association 2011 |
published in: | American Economic Review Vol. 101; no. 2; pp. 975 - 90 |
Data of publication: | 2011 |
Series: |
American Economic Review |
Online Access: | available in Bonn? |
Database: | RePEc RePEc IDEAS Database information Databases - DBIS |