Abstract
We introduce level-k reasoning to contest theory, compare its predictions to those of Nash Equilibrium and relate to the experimental evidence.
- Title
- Level-k reasoning in contests
- Creators - without role
- Mark Bernard - Stockholm School of Economics, Department of Economics
- Publication Details
- Economics Letters, Vol.108(2), pp.149-152
- Publisher
- Elsevier
- Number of pages
- 4
- Identifiers
- 991001480333306056
- Academic Unit
- Department of Economics
- Language
- English
- Resource Type
- Journal article