Which Expectations to Follow: The Impact of First- and Second-Order Beliefs on Strategy Choices in a Stag Hunt Game

Many situations require coordinated actions of individuals to achieve common goals. Such situations include organizing mass protests or adjusting behavior to new behavioral recommendations that aim to slow down the spread of a contagious disease. However, there is a risk of coordination failure in s...

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Bibliographic Details
Main Authors: Thomas Neumann, Paul Bengart, Bodo Vogt
Format: Article
Language:English
Published: MDPI AG 2023-03-01
Series:Behavioral Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-328X/13/3/228