Do we detect and exploit mixed strategy play by opponents?

被引:22
作者
Shachat, J [1 ]
Swarthout, JT
机构
[1] Natl Univ Singapore, Singapore 117548, Singapore
[2] Univ Arizona, Tucson, AZ 85721 USA
关键词
Nash Equilibrium; Nash; Variable Model; Mixed Strategy; Belief Formation;
D O I
10.1007/s001860400354
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
We conducted an experiment in which each subject repeatedly played a game with a unique Nash equilibrium in mixed strategies against some computer-implemented mixed strategy. The results indicate subjects are successful at detecting and exploiting deviations from Nash equilibrium. However, there is heterogeneity in subject behavior and performance. We present a one variable model of dynamic random belief formation which rationalizes observed heterogeneity and other features of the data.
引用
收藏
页码:359 / 373
页数:15
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