Modeling and Testing for Heterogeneity in Observed Strategic Behavior
提出并比较了两种计量模型,用于刻画实验对象在信念和行动上的多样性,分别基于计算误差和先验信念差异,对理解玩家异质性有帮助。
Experimental data have consistently shown diversity in beliefs as well as in actions among experimental subjects. This paper presents and compares alternative behavioral econometric models for the characterization of player heterogeneity, both between and within subpopulations of players. In particular, two econometric models of diversity within subpopulations of players are investigated, one using a model of computational errors and the other allowing for diversity in prior beliefs around a modal prior for the subpopulation. 2000 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology