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Theories of reasoning and focal point play with a matched non-student sample

Research output: Working paper

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Publication date1/09/2020
Place of PublicationLancaster
PublisherThe Department of Economics
<mark>Original language</mark>English

Publication series

NameEconomics Working Papers Series

Abstract

We present a coordination game experiment testing the robustness of the predictive power of level-k reasoning and team reasoning in a sample of Chinese tax administrators that is matched for likely socio-economic characteristics with our student sample. We show how the incidence of coordination game play is virtually identical between Chinese tax administrators and university students. However, relatively to non-students, students are comparatively more attracted by the focal point under team reasoning when this has equal payoffs and the other outcomes do not.