DOES EXPERIENCE TEACH? PROFESSIONALS AND MINIMAX PLAY IN THE LAB

摘要

Does expertise in strategic behavior obtained in the field transfer to the abstract setting of the laboratory? Palacios-Huerta and Volij (2008) argued that the behavior of professional soccer players in mixed-strategy games conforms closely to minimaxplay, while the behavior of students (who are presumably novices in strategic situations requiring unpredictability) does not. We reexamine their data, showing that the play of professionals is inconsistent with the minimax hypothesis in several respect