Location of Repository

Case Western Reserve University

By David J. Cooper and John H. Kagel


Psychologists have provided abundant evidence that behavior can differ in fundamental ways when problems are embedded in a meaningful, as opposed to abstract, context. Our paper explores the effects of meaningful context on behavior in a signaling game experiment. Meaningful context significantly increases the initial level of strategic play. This effect fades over time, so that meaningful context partially substitutes for experience. There is also evidence that meaningful context can fundamentally affect subjects ’ reasoning processes. These results suggest that meaningful context might better capture behavior in field settings and improve the performance of equilibrium refinements for certain games

Topics: 1
Year: 2001
OAI identifier: oai:CiteSeerX.psu:
Provided by: CiteSeerX
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://citeseerx.ist.psu.edu/v... (external link)
  • http://www.econ.ohio-state.edu... (external link)
  • Suggested articles

    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.