Cognitive Bubbles

Ciril Bosch-Rosa (5th year PhD student, Univ. of CA Santa Cruz)

  • Provides system for measurement of the ability to backwards induct and engage in level-k reasoning (how deeply do people take account of what others think) using online programs.
  • Uses the new system to study the effect of such measures of backwards induction and level-k thinking as elements in bubble formation in asset markets.

Read the research results