@TechReport{iza:izadps:dp5049,
            	author={Czermak, Simon and Feri, Francesco and Glätzle-Rützler, Daniela and Sutter, Matthias},
            	title={Strategic Sophistication of Adolescents: Evidence from Experimental Normal-Form Games},
            	year={2010},
	month={Jul},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={5049},
            	url={https://www.iza.org/publications/dp5049},
	abstract={We examine the strategic sophistication of adolescents, aged 10 to 17 years, in experimental normal-form games. Besides making choices, subjects have to state their first- and second-order beliefs. We find that choices are more often a best reply to beliefs if any player has a dominant strategy and equilibrium payoffs are not too unequal. Using a mixture model we can estimate for each subject the probability to be any of eight different strategic and non-strategic types. The econometric estimation reveals that older subjects are more likely to eliminate dominated strategies, and that subjects with good math grades are more strategic.},
	keywords={strategic thinking;beliefs;experiment;age;adolescents},
            }