Level-k Reasoning

Level-K Reasoning is a cognitive hierarchy model in behavioral game theory that posits individuals engage in a fixed number of iterative strategic steps, with each level-k agent assuming all opponents are at level-(k−1), thereby differentiating it from equilibrium-based reasoning by emphasizing bounded strategic depth.

30

Publications

1.8K

Citations

52

Authors

40

Institutions

Publications per year

2017–2026

7

Variants

Level-k Model

Authors

52

  1. VL
    Victoria L. Prowse

    German Institute for Economic Research, Germany

    5 publications · 413 citations

    5

    h-index

  2. DG
    David Gill

    University of Utah, United States

    5 publications · 413 citations

    5

    h-index

  3. AA
    Ayala Arad

    Tel Aviv University, Israel

    3 publications · 295 citations

    3

    h-index

  4. AR
    Ariel Rubinstein

    Tel Aviv University, Israel

    2 publications · 262 citations

    2

    h-index

  5. RS
    Robert Sugden

    University of East Anglia, United Kingdom

    2 publications · 72 citations

    2

    h-index

1–5 of 52

Venues

  1. SSRN Electronic Journal

    Repository · 5 publications · 178 citations

    5

    h-index

  2. Games and Economic Behavior

    2 publications · 73 citations

    2

    h-index

  3. Journal of Economic Theory

    JET · 2 publications · 28 citations

    2

    h-index

  4. Management Science

    1 publications · 95 citations

    1

    h-index

  5. AgEcon Search (University of Minnesota, USA)

    Repository · 1 publications · 15 citations

    1

    h-index

1–5