메뉴 건너뛰기




Volumn 13, Issue 4, 2010, Pages 461-475

A finite mixture analysis of beauty-contest data using generalized beta distributions

Author keywords

Beauty contest experiments; Beta distribution; Decision theory; EM algorithm; Finite mixture distribution; Reasoning hierarchy

Indexed keywords


EID: 78049435064     PISSN: 13864157     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10683-010-9251-7     Document Type: Article
Times cited : (27)

References (34)
  • 1
    • 78049436271 scopus 로고    scopus 로고
    • Non-linear mixed logit and the characterization of individual heterogeneity
    • (Working Paper 09-02). Department of Economics, College of Business Administration, University of Central Florida
    • Andersen, S., Harrison, G. W., Hole, A. R., & Rutström, E. E. (2009). Non-linear mixed logit and the characterization of individual heterogeneity (Working Paper 09-02). Department of Economics, College of Business Administration, University of Central Florida.
    • (2009)
    • Andersen, S.1    Harrison, G.W.2    Hole, A.R.3    Rutström, E.E.4
  • 2
  • 3
    • 19044367386 scopus 로고    scopus 로고
    • One, two, (three), infinity,...: Newspaper and lab beauty-contest experiments
    • Bosch-Domènech, A., Montalvo, J. G., Nagel, R., & Satorra, A. (2002). One, two, (three), infinity,...: Newspaper and lab beauty-contest experiments. American Economic Review, 92(5), 1687-1701.
    • (2002) American Economic Review , vol.92 , Issue.5 , pp. 1687-1701
    • Bosch-Domènech, A.1    Montalvo, J.G.2    Nagel, R.3    Satorra, A.4
  • 4
    • 34250108028 scopus 로고
    • Model selection and Akaike's information criterion (AIC): The general theory and its analytical extensions
    • Bozdogan, H. (1987). Model selection and Akaike's information criterion (AIC): The general theory and its analytical extensions. Psychometrika, 52, 345-370.
    • (1987) Psychometrika , vol.52 , pp. 345-370
    • Bozdogan, H.1
  • 5
    • 78049426544 scopus 로고    scopus 로고
    • Hierarchical reasoning versus iterated reasoning in p-beauty contest guessing games
    • (MPRA Paper No. 19893). Munich Personal RePEc Archive
    • Breitmoser, Y. (2010). Hierarchical reasoning versus iterated reasoning in p-beauty contest guessing games (MPRA Paper No. 19893). Munich Personal RePEc Archive.
    • (2010)
    • Breitmoser, Y.1
  • 6
    • 78049429542 scopus 로고    scopus 로고
    • Out of your mind: Eliciting individual reasoning in one shot games
    • Mimeo, London School of Economics
    • Burchardi, K. B., & Penczynski, S. P. (2010). Out of your mind: Eliciting individual reasoning in one shot games. Mimeo, London School of Economics.
    • (2010)
    • Burchardi, K.B.1    Penczynski, S.P.2
  • 7
    • 4043136539 scopus 로고    scopus 로고
    • A cognitive hierarchy theory of one-shot games and experimental analysis
    • Camerer, C., Ho, T., & Chong, J. (2004). A cognitive hierarchy theory of one-shot games and experimental analysis. Quarterly Journal of Economics, 119, 861.
    • (2004) Quarterly Journal of Economics , vol.119 , pp. 861
    • Camerer, C.1    Ho, T.2    Chong, J.3
  • 8
    • 33847642644 scopus 로고    scopus 로고
    • Cognition and behavior in guessing games: An experimental study
    • Costa-Gomes, M., & Crawford, V. (2006). Cognition and behavior in guessing games: An experimental study. American Economic Review, 96, 1737-1768.
    • (2006) American Economic Review , vol.96 , pp. 1737-1768
    • Costa-Gomes, M.1    Crawford, V.2
  • 9
    • 0001635606 scopus 로고    scopus 로고
    • Cognition and behavior in normal-form games: An experimental study
    • Costa-Gomes, M., Crawford, V., & Broseta, B. (2001). Cognition and behavior in normal-form games: An experimental study. Econometrica, 69, 1193-1235.
    • (2001) Econometrica , vol.69 , pp. 1193-1235
    • Costa-Gomes, M.1    Crawford, V.2    Broseta, B.3
  • 10
    • 35448929989 scopus 로고    scopus 로고
    • Level-k auctions: Can boundedly rational strategic thinking explain the winner's curse and overbidding in privatevalue auctions
    • Crawford, V., & Iriberri, N. (2007). Level-k auctions: Can boundedly rational strategic thinking explain the winner's curse and overbidding in privatevalue auctions? Econometrica, 75, 1721-1770.
    • (2007) Econometrica , vol.75 , pp. 1721-1770
    • Crawford, V.1    Iriberri, N.2
  • 11
    • 35648976061 scopus 로고    scopus 로고
    • The impact of taxes and transfer payments on the distribution of income: A parametric comparison
    • Dastrup, S. R., Hartshorn, R. Y., & Mcdonald, J. B. (2007). The impact of taxes and transfer payments on the distribution of income: A parametric comparison. Journal of Economic Inequality, 5, 3, 1569-1721.
    • (2007) Journal of Economic Inequality , vol.5 , Issue.3 , pp. 1569-1721
    • Dastrup, S.R.1    Hartshorn, R.Y.2    McDonald, J.B.3
  • 13
    • 84964203940 scopus 로고
    • Bootstrap measures for standard errors, confidence intervals, and other measures of statistical accuracy
    • Efron, B., & Tibshirani, R. (1986). Bootstrap measures for standard errors, confidence intervals, and other measures of statistical accuracy. Statistical Science, 1, 54-77.
    • (1986) Statistical Science , vol.1 , pp. 54-77
    • Efron, B.1    Tibshirani, R.2
  • 14
  • 16
    • 67349117277 scopus 로고    scopus 로고
    • Expected utility and prospect theory: One wedding and decent funeral
    • Harrison, G. W., & Rutström, E. E. (2009). Expected utility and prospect theory: One wedding and decent funeral. Experimental Economics, 12(2), 133-158.
    • (2009) Experimental Economics , vol.12 , Issue.2 , pp. 133-158
    • Harrison, G.W.1    Rutström, E.E.2
  • 17
    • 0002226776 scopus 로고
    • A betalogistic model for the analysis of sequential labor force participation by married women
    • Heckman, J. J., & Willis, R. J. (1977). A betalogistic model for the analysis of sequential labor force participation by married women. Journal of Political Economy, 85(1), 27-58.
    • (1977) Journal of Political Economy , vol.85 , Issue.1 , pp. 27-58
    • Heckman, J.J.1    Willis, R.J.2
  • 18
    • 0001447218 scopus 로고    scopus 로고
    • Iterated dominance and iterated best-response in experimental 'p-beauty-contests
    • Ho, T., Camerer, C., & Weigelt, K. (1998). Iterated dominance and iterated best-response in experimental 'p-beauty-contests'. American Economic Review, 88(4), 947-969.
    • (1998) American Economic Review , vol.88 , Issue.4 , pp. 947-969
    • Ho, T.1    Camerer, C.2    Weigelt, K.3
  • 20
    • 11144357762 scopus 로고    scopus 로고
    • Limited depth of reasoning and failure of cascade formation in the laboratory
    • Kübler, D., & Weizacker, G. (2004). Limited depth of reasoning and failure of cascade formation in the laboratory. Review of Economic Studies, 71, 425-441.
    • (2004) Review of Economic Studies , vol.71 , pp. 425-441
    • Kübler, D.1    Weizacker, G.2
  • 21
    • 33845385328 scopus 로고    scopus 로고
    • The logistic transform for bounded outcome scores
    • Lesaffre, E., Rizopoulos, D., & Tsonaka, R. (2007). The logistic transform for bounded outcome scores. Biostatistics, 8(1), 72-85.
    • (2007) Biostatistics , vol.8 , Issue.1 , pp. 72-85
    • Lesaffre, E.1    Rizopoulos, D.2    Tsonaka, R.3
  • 22
    • 43149089991 scopus 로고
    • A generalization of the beta distribution with applications
    • Mcdonald, J. B., & Xu, Y. J. (1995). A generalization of the beta distribution with applications. Journal of Econometrics, 66, 133-152.
    • (1995) Journal of Econometrics , vol.66 , pp. 133-152
    • McDonald, J.B.1    Xu, Y.J.2
  • 23
    • 0001597615 scopus 로고
    • An experimental study of the centipede game
    • McKelvey, R. D., & Palfrey, T. R. (1992). An experimental study of the centipede game. Econometrica, 60(4), 803-836.
    • (1992) Econometrica , vol.60 , Issue.4 , pp. 803-836
    • McKelvey, R.D.1    Palfrey, T.R.2
  • 25
    • 0001527412 scopus 로고
    • Unraveling in guessing games: An experimental study
    • Nagel, R. (1995). Unraveling in guessing games: An experimental study. American Economic Review, 85(5), 1313-1326.
    • (1995) American Economic Review , vol.85 , Issue.5 , pp. 1313-1326
    • Nagel, R.1
  • 26
    • 85079316491 scopus 로고    scopus 로고
    • A survey on experimental beauty-contest games: Bounded rationality and learning
    • D. Budescu, I. Erev, and R. Zwick (Eds.), Hillsdale: Lawrence Erlbaum Associates, Inc
    • Nagel, R. (1998). A survey on experimental beauty-contest games: Bounded rationality and learning. In D. Budescu, I. Erev, & R. Zwick (Eds.), Games and human behavior, Essays in honor of Amnon Rapoport (pp. 105-142). Hillsdale: Lawrence Erlbaum Associates, Inc.
    • (1998) Games and Human Behavior, Essays in Honor of Amnon Rapoport , pp. 105-142
    • Nagel, R.1
  • 28
    • 0003570988 scopus 로고    scopus 로고
    • One, two, (three), infinity... . Newspaper and lab beauty-contest experiments
    • (Economics and Business WPS, Paper # 438). Barcelona: Universitat Pompeu Fabra
    • Nagel, R., Bosch-Domènech, A., Satorra, A., & Montalvo, J. G. (1999). One, two, (three), infinity... . Newspaper and lab beauty-contest experiments (Economics and Business WPS, Paper # 438). Barcelona: Universitat Pompeu Fabra.
    • (1999)
    • Nagel, R.1    Bosch-Domènech, A.2    Satorra, A.3    Montalvo, J.G.4
  • 29
    • 0000238336 scopus 로고
    • A simplex method for function minimization
    • Nelder, J. A., & Mead, R. (1965). A simplex method for function minimization. Computer Journal, 7, 308-313.
    • (1965) Computer Journal , vol.7 , pp. 308-313
    • Nelder, J.A.1    Mead, R.2
  • 30
    • 0030268949 scopus 로고    scopus 로고
    • Boundedly rational rule learning in a guessing game
    • Stahl, D. O. (1996). Boundedly rational rule learning in a guessing game. Games and Economic Behavior, 16, 303-330.
    • (1996) Games and Economic Behavior , vol.16 , pp. 303-330
    • Stahl, D.O.1
  • 31
    • 0006210137 scopus 로고    scopus 로고
    • Is step-j thinking an arbitrary modelling restriction or a fact of human nature
    • Stahl, D. O. (1998). Is step-j thinking an arbitrary modelling restriction or a fact of human nature? Journal of Economic Behavior and Organization, 37, 33-51.
    • (1998) Journal of Economic Behavior and Organization , vol.37 , pp. 33-51
    • Stahl, D.O.1
  • 32
    • 0001274877 scopus 로고
    • 'Experimental evidence on players' models of other players
    • Stahl, D. O., & Wilson, P. W. (1994). 'Experimental evidence on players' models of other players. Economic Behavior & Organization, 25, 309-327.
    • (1994) Economic Behavior & Organization , vol.25 , pp. 309-327
    • Stahl, D.O.1    Wilson, P.W.2
  • 33
    • 58149326017 scopus 로고
    • 'On players' models of other players: Theory and experimental evidence
    • Stahl, D. O., & Wilson, P. W. (1995). 'On players' models of other players: Theory and experimental evidence. Games and Economic Behavior, 10, 213-254.
    • (1995) Games and Economic Behavior , vol.10 , pp. 213-254
    • Stahl, D.O.1    Wilson, P.W.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.