Keeping up with the Joneses: Interpersonal Prediction Errors and the Correlation of Behavior in a Tandem Sequential Choice Task
Figure 2
Behavioral analyses of the sequential investment task reveals influence of other player's investment.
Multiple regression analysis shows that a player's next bet was influenced significantly by the difference between the human partner's bet and their own bet (DJONES). This was true whether the result was lodged at 2 seconds, Experiment 1, or 6 seconds, Experiment 2, after the revelation of the market return. The influence of DJONES was not significant in the computer control Experiment 3.