{"id":928,"date":"2017-12-01T13:22:44","date_gmt":"2017-12-01T12:22:44","guid":{"rendered":"http:\/\/141.2.195.31\/wordpress\/?p=928"},"modified":"2020-01-22T09:29:55","modified_gmt":"2020-01-22T08:29:55","slug":"depth-of-reasoning-and-information-revelation-an-experiment-on-the-distribution-of-k-levels","status":"publish","type":"post","link":"https:\/\/flex.uni-frankfurt.de\/index.php\/publications\/depth-of-reasoning-and-information-revelation-an-experiment-on-the-distribution-of-k-levels\/","title":{"rendered":"Depth of reasoning and information revelation: An experiment on the distribution of k-Levels"},"content":{"rendered":"<div class=\"custom-pagination-text-research-img\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-907\" src=\"https:\/\/flex.uni-frankfurt.de\/wp-content\/uploads\/2019\/03\/showOpenGraphCoverImage-e1554030126540.jpg\" alt=\"\" width=\"150\" height=\"223\" \/><\/div>\n<div class=\"custom-pagination-text-research-content\">Volker Benndorf, Dorothea K\u00fcbler, Hans-Theo Normann, 2017,<br \/>\n<em>International Game Theory Review<\/em>, 19 (4)<\/p>\n<div><\/div>\n<div class=\"custom-pagination-text-research-content\">\n<p><!--more Continue reading--><\/p>\n<div class=\"custom-pagination-text-research-content\"><a href=\"https:\/\/doi.org\/10.1142\/S0219198917500219\" target=\"_blank\" rel=\"noopener noreferrer\">link to publication<\/a><\/div>\n<div class=\"custom-pagination-text-research-abstract\">Abstract:<br \/>\nThe level-k model is a workhorse in behavioral game theory. For comparisons across experiments and predictions in future studies, it is crucial to assess the empirical distribution of k-levels. We present a revelation game suitable for this purpose. In a labor market context, workers can choose to reveal their productivity at a cost, and players\u2019 strategies reveal their level of reasoning in terms of a k-level. We find that the most frequently observed reasoning levels are k=2 and k=3. In our game roughly 30% of the players are k\u22641 and 25% are k\u22654. We compare our results to other experiments that identify level-k distribution, foremost to the money request (or 11\u201320) game. Despite various differences to the 11\u201320 game, our revelation game suggests a very similar distribution of level-k types.<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Volker Benndorf, Dorothea K\u00fcbler, Hans-Theo Normann, 2017, International Game Theory Review, 19 (4)<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-928","post","type-post","status-publish","format-standard","hentry","category-publications"],"_links":{"self":[{"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/posts\/928","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/comments?post=928"}],"version-history":[{"count":16,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/posts\/928\/revisions"}],"predecessor-version":[{"id":2581,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/posts\/928\/revisions\/2581"}],"wp:attachment":[{"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/media?parent=928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/categories?post=928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flex.uni-frankfurt.de\/index.php\/wp-json\/wp\/v2\/tags?post=928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}