Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/56575
Authors: 
Bühren, Christoph
Frank, Björn
Year of Publication: 
2010
Series/Report no.: 
Joint discussion paper series in economics 19-2010
Abstract: 
In a beauty contest experiment with over 6,000 chess players, ranked from amateur to world class, we found that Grandmasters act very similar to other humans. This even holds true when they play exclusively against players of approximately their own strength. In line with psychological research on chess players' thinking, we argue that they are not more rational in a game theoretic sense per se. Their skills are rather specific for their game.
Subjects: 
chess
beauty contest
cognitive transfer
JEL: 
C93
C72
D03
Document Type: 
Working Paper

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