Appendix 3 shows bootstrapped 95 percent confidence intervals for the τ estimates. Most of the intervals have a range of about one. The common τ estimates are roughly 1–2; a τ of around 1.5 is enclosed in the 90 percent interval in three da…A COGNITIVE HIERARCHY MODEL 879
TABLE IV
MODEL FIT (LOG-LIKELIHOOD LL AND MEAN SQUARED DEVIATION MSD)
| Data set | Stahl and Wilson | Cooper and Van Huyck | Costa-Gomes et al. | Mixed | Entry |
| :--- | :---: | :---: | :---: | :---: | :--…If a player’s beliefs and the choices of others players are mutually consistent, then equilibrium theory predicts the game exactly. Thus, for a game where the players are in equilibrium, the economic value of equilibrium theory will be 0. O…
John B. Van Huyck
economist · 3 mentions across 1 reading
In this course
Van Huyck appears primarily as a co-author of experimental game theory datasets used to validate cognitive hierarchy models against human behavior in strategic interactions. His work provides empirical evidence for how actual players deviate from equilibrium predictions, making it crucial for understanding bounded rationality in game-theoretic contexts. The citation suggests his experiments are foundational benchmarks for testing whether computational models of player cognition can capture real strategic reasoning better than classical economic theory.
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