Original paper

Correlated beliefs: Predicting outcomes in 2 × 2 games

Volume: 122, Pages: 256 - 276
Published: Jul 1, 2020
Abstract
Studies of strategic sophistication in experimental normal form games commonly assume that subjects' beliefs are consistent with independent choice. This paper examines whether beliefs are consistent with correlated choice. Players play a sequence of 2×2 normal form games with distinct opponents and no feedback. Another set of players, called predictors, report a likelihood ranking over possible outcomes. A substantial proportion of the reported...
Paper Details
Title
Correlated beliefs: Predicting outcomes in 2 × 2 games
Published Date
Jul 1, 2020
Volume
122
Pages
256 - 276
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