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...

Full description

Saved in:
Bibliographic details
Volume: 101
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
Database information Databases - DBIS