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 |
| :--- | :---: | :---: | :---: | :---: | :--…Furthermore, if the Poisson-CH model is correct for a given game, then the best response the theory dictates corresponds to what the highest-step thinkers do. Thus, the economic value of Poisson-CH can be interpreted as the marginal payoff …
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 research (alongside Cooper) that provides empirical data on strategic decision-making in controlled settings. His work is cited in discussions of cognitive hierarchy models—frameworks that attempt to formalize how players engage in iterated reasoning about other players' rationality—and serves as a benchmark dataset against which theoretical models of bounded rationality can be tested. The excerpts suggest his experiments generate the kind of behavioral evidence that machine learning and cognitive modeling approaches in the course are designed to explain and predict.
Mentioned in 1 reading
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