| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP16683
|
| DP16683 Dynamic coordination in efficient and fair strategies: a developmental perspective |
| Isabelle Brocas; Juan Carrillo
|
| 发表日期 | 2021-10-31
|
| 出版年 | 2021
|
| 语种 | 英语
|
| 摘要 | We study in the laboratory the behavior of children and adolescents (ages 7 to 16) in two repeated coordination games, the stag hunt and battle of the sexes. Coordinating on the efficient and fair long run outcome (EFO) requires participants to share intentions and beliefs. This exercise is arguably complex in the battle of the sexes, as it requires taking turns between the two static Nash equilibria, hence coordinating the strategies. By contrast, in the stag hunt it only requires repeating the action that leads to the Pareto efficient outcome, hence coordinating the actions. We obtain four main findings. First, for both games, we show a significant and remarkably stable increase in the ability to coordinate on the EFO with age. Second, the majority of participants in all ages adhere to one of a small number of relatively simple strategies. Third, jointly profitable outcomes are more prevalent in the stag hunt than in the battle of the sexes. Last, behavior improves between the first and second supergame. This evidence suggests that we gradually learn how to share intentions and beliefs, an ability that we train rapidly and export to new interactions, but that is limited by game complexity. |
| 主题 | Public Economics
|
| 关键词 | Developmental decision-making
Coordination
Repeated games
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| URL | https://cepr.org/publications/dp16683
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| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545621
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推荐引用方式
GB/T 7714 |
Isabelle Brocas,Juan Carrillo. DP16683 Dynamic coordination in efficient and fair strategies: a developmental perspective. 2021.
|
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