Budget Amount *help |
¥4,550,000 (Direct Cost: ¥3,500,000、Indirect Cost: ¥1,050,000)
Fiscal Year 2010: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2009: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Fiscal Year 2008: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
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Research Abstract |
We studied people's actual behavior in communication with conflicting interests, using tools developed in game theory with boundedly rational agents. We focused on level-k model, which introduces hierarchy of rationality and tries to explain experimental data by the behavior of agents with relatively lower level of rationality. We find that, in cheap-talk game with private information as well as in centipede games, level-k model outperforms other models in explanatory power.
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