Eliciting beliefs in beauty contest experiments

Yaron Lahav

doi:10.1016/j.econlet.2015.08.024

Eliciting beliefs in beauty contest experiments

Yaron Lahav

Department of Business Administration

Ben-Gurion University of the Negev

Research output: Contribution to journal › Article › peer-review

Abstract

Using elicited beliefs in several treatments of the beauty contest experiment, we show that (a) belief elicitation does not affect decisions, (b) beliefs and choices are inconsistent, and (c) players are more sophisticated compared to previous work.

Original language	American English
Pages (from-to)	45-49
Number of pages	5
Journal	Economics Letters
Volume	137
DOIs	https://doi.org/10.1016/j.econlet.2015.08.024
State	Published - 1 Dec 2015

Keywords

Beauty contest
Belief elicitation
Higher order beliefs
Level of sophistication
Reasoning
Strategic play

All Science Journal Classification (ASJC) codes

Finance
Economics and Econometrics

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10.1016/j.econlet.2015.08.024

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title = "Eliciting beliefs in beauty contest experiments",

abstract = "Using elicited beliefs in several treatments of the beauty contest experiment, we show that (a) belief elicitation does not affect decisions, (b) beliefs and choices are inconsistent, and (c) players are more sophisticated compared to previous work.",

keywords = "Beauty contest, Belief elicitation, Higher order beliefs, Level of sophistication, Reasoning, Strategic play",

author = "Yaron Lahav",

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doi = "10.1016/j.econlet.2015.08.024",

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AU - Lahav, Yaron

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KW - Belief elicitation

KW - Higher order beliefs

KW - Level of sophistication

KW - Reasoning

KW - Strategic play

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DO - 10.1016/j.econlet.2015.08.024

M3 - Article

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VL - 137

SP - 45

EP - 49

JO - Economics Letters

JF - Economics Letters

ER -

Eliciting beliefs in beauty contest experiments

Abstract

Keywords

All Science Journal Classification (ASJC) codes

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