Common reason to believe and framing effect in the team reasoning theory: an experimental approach
Leonardo Becchetti,
Giacomo Degli Antoni (giacomo.degliantoni@unipr.it) and
Marco Faillo (marco.faillo@unitn.it)
No wp15, Econometica Working Papers from Econometica
Abstract:
The present paper is aimed at empirically verifying the role of the “common reason to believe” (Sugden 2003) and of framing (Bacharach 1999 and 2006) within the theory of team reasoning. The analysis draws on data collected trough a Traveler’s Dilemma experiment. To study the role of the common reason to believe, players’ belief in their counterpart’s choice are elicited and the correlation between the endorsement of team reasoning and beliefs is considered. With respect to the idea of frame proposed by Bacharach, we study the effect of the reduction of social distance on the probability that the “we-frame” comes to players’ mind. Social distance is decreased by introducing a meeting between the two players after the game. It is shown that the common reason to believe appropriately explains the internal logic of team reasoning and that the reduction of social distance makes the “we-frame” more likely.
Keywords: Team Reasoning, Common Reason to Believe, Framing, Traveler’s Dilemma; Social Distance (search for similar items in EconPapers)
JEL-codes: A13 C72 C91 (search for similar items in EconPapers)
Pages: 24
Date: 2009-11
New Economics Papers: this item is included in nep-cbe, nep-exp, nep-gth, nep-hpe and nep-soc
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Citations: View citations in EconPapers (4)
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