G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14088
DP14088 Naivete and Sophistication in Initial and Repeated Play in Games
Nagore Iriberri; Bernardo Garcia-Pola
发表日期2019-10-31
出版年2019
语种英语
摘要Naive, non-equilibrium, behavioral rules, compared to more sophisticated equilibrium theory, are often better in describing individuals' initial play in games. Additionally, in repeated play in games, when individuals have the oppor- tunity to learn about their opponents' past behavior, learning models of different sophistication levels are successful in explaining how individuals modify their be- havior in response to feedback. How do subjects following different behavioral rules in initial play modify their behavior after learning about past behavior? This study links both initial and repeated play in games, analyzing elicited be- havior in 3x3 normal-form games using a within-subject laboratory design. We classify individuals into different behavioral rules in both initial and repeated play and test whether and/or how naivete and sophistication in initial play cor- relates with naivete and sophistication in repeated play. We find no evidence for a correlation between naivete and sophistication in initial and repeated play.
主题Industrial Organization
关键词Naivete Sophistication Initial play Repeated play Level-k thinking Adaptive and sophisticated learning Mixture-of-types estimation
URLhttps://cepr.org/publications/dp14088
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/542975
推荐引用方式
GB/T 7714
Nagore Iriberri,Bernardo Garcia-Pola. DP14088 Naivete and Sophistication in Initial and Repeated Play in Games. 2019.
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