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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Predicting one Shot Play in 2x2 Games Using Beliefs Based on Minimax Regret | |
Andrea Gallice | |
发表日期 | 2006 |
出处 | Climate Change and Sustainable Development |
出版年 | 2006 |
语种 | 英语 |
摘要 | We present a simple procedure that selects the strategies most likely to be played by inexperienced agents who interact in one shot 2x2 matching pennies games. As a first step we axiomatically describe players' beliefs. We find the minimax regret criterion to be the simplest functional form that satisfies all the axioms. Then we hypothesize players act as if they were best responding to the belief their opponent plays accordino to minimax regret. When compared with existing experimental evidences about one shot matching pennies games, the procedure correctly indicates the choices of around 80% of the players. Applications to other classes of games are also explored. |
特色分类 | C72,C91 |
关键词 | Predictions,Minimax regret,Beliefs,Matching pennies,Experiments |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/predicting-one-shot-play-in-2x2-games-using-beliefs-based-on-minimax-regret/ |
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/117294 |
推荐引用方式 GB/T 7714 | Andrea Gallice. Predicting one Shot Play in 2x2 Games Using Beliefs Based on Minimax Regret. 2006. |
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