G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Coordination in Networks Formation: Experimental Evidence on Learning and Salience
Matteo Galizzi; Michele Bernasconi
发表日期2005
出处Climate Change and Sustainable Development
出版年2005
语种英语
摘要We present experiments on repeated non-cooperative network formation games, based on Bala and Goyal (2000). We treat the one-way and the two-ways flow models, each for high and low link costs. The models show both multiple equilibria and coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics. Contrary to previous experiments, we find that coordination on non-empty Strict Nash equilibria is not an easy task for subjects to achieve, even in the mono-directional model where the Strict Nash equilibria is a wheel. We find that salience significantly helps coordination, but only when subjects are pre-instructed to think of the wheel network as a reasonable way to play the networking game. Evidence on learning behavior provides support for subjects choosing strategies consistent with various learning rules, which include as the main ones Reinforcement and Fictitious Play.
特色分类C92,C72,D83
关键词Experiments,Networks,Behavioral game theory,Salience,Learning
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/coordination-in-networks-formation-experimental-evidence-on-learning-and-salience/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117219
推荐引用方式
GB/T 7714
Matteo Galizzi,Michele Bernasconi. Coordination in Networks Formation: Experimental Evidence on Learning and Salience. 2005.
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