Logo
Munich Personal RePEc Archive

Game form recognition in preference elicitation, cognitive abilities and cognitive load

Andreas, Drichoutis and Rodolfo, Nayga (2019): Game form recognition in preference elicitation, cognitive abilities and cognitive load.

Warning
There is a more recent version of this item available.
[thumbnail of MPRA_paper_97980.pdf]
Preview
PDF
MPRA_paper_97980.pdf

Download (21MB) | Preview

Abstract

This study further examines the failure of game form recognition in preference elicitation (Cason and Plott, 2014) by making elicitation more cognitively demanding through a cognitive load manipulation. We hypothesized that if subjects misperceive one game for another game, then by depleting their cognitive resources, subjects would misconceive the more-cognitively demanding task for the less-cognitively demanding task at a higher rate. We find no evidence that subjects suffer from a first-price-auction game-form misconception but rather that once cognitive resources are depleted, subjects' choices are better explained by random choice. More cognitively able subjects are more immune to deviations from sub-optimal play than lower cognitively able subjects.

Available Versions of this Item

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.