EconPapers    
Economics at your fingertips  
 

An eye-tracking study of feature-based choice in one-shot games

Giovanna Devetag, Sibilla Di Guida () and Luca Polonio ()

No 1301, CEEL Working Papers from Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia

Abstract: We analyze subjects� eye movements while they make decisions in a series of one-shot games. The majority of them perform a partial and selective analysis of the payoff matrix, often ignoring the payoffs of the opponent and/or paying attention only to specific cells. Our results suggest that subjects apply boundedly rational decision heuristics that involve best responding to a simplification of the decision problem, obtained either by ignoring the other players� motivations or by considering them only for a subset of outcomes. Finally, we find a correlation between types of eye movements observed and choices in the games.

Keywords: one-shot games; eye-tracking; similarity; categorization; focal points; individual behavior; experimental economics; behavioral economics (search for similar items in EconPapers)
JEL-codes: C72 C91 D01 D83 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-evo, nep-exp, nep-gth and nep-neu
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www-ceel.economia.unitn.it/papers/papero13_01.pdf (application/pdf)

Related works:
Journal Article: An eye-tracking study of feature-based choice in one-shot games (2016) Downloads
Working Paper: An eye-tracking study of feature-based choice in one-shot games (2016)
Working Paper: An Eye-Tracking Study of Feature-Based Choice in One-Shot Games (2013) Downloads
Working Paper: An eye-tracking study of feature-based choice in one-shot games (2013) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:trn:utwpce:1301

Access Statistics for this paper

More papers in CEEL Working Papers from Cognitive and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia Contact information at EDIRC.
Bibliographic data for series maintained by Marco Tecilla ().

 
Page updated 2024-05-09
Handle: RePEc:trn:utwpce:1301