Volltext herunterladen
(externe Quelle)
Zitationshinweis
Bitte beziehen Sie sich beim Zitieren dieses Dokumentes immer auf folgenden Persistent Identifier (PID):
https://hdl.handle.net/10419/185766
Export für Ihre Literaturverwaltung
God Does Not Play Dice, but Do We? On the Determinism of Choice in Long-run Interactions
[Arbeitspapier]
Abstract When do we cooperate and why? This question concerns one of the most persistent divides between "theory and practice", between predictions from game theory and results from experimental studies. For about 15 years, theoretical analyses predict completely-mixed "behavior" strategies, i.e. strategic r... mehr
When do we cooperate and why? This question concerns one of the most persistent divides between "theory and practice", between predictions from game theory and results from experimental studies. For about 15 years, theoretical analyses predict completely-mixed "behavior" strategies, i.e. strategic randomization rendering "when" and "why" questions largely moot, while experimental analyses seem to consistently identify pure strategies, suggesting long-run interactions are deterministic. Reanalyzing 145,000 decisions from infinitely repeated prisoner's dilemma experiments, and using data-mining techniques giving pure strategies the best possible chance, we conclude that subjects play semi-grim behavior strategies similar to those predicted by theory.... weniger
Klassifikation
Allgemeine Psychologie
Allgemeines, spezielle Theorien und "Schulen", Methoden, Entwicklung und Geschichte der Wirtschaftswissenschaften
Freie Schlagwörter
behavior; belief-free equilibrium; laboratory experiment; memory; repeated game; tit-for-tat mixed strategy
Sprache Dokument
Englisch
Publikationsjahr
2018
Erscheinungsort
München
Seitenangabe
60 S.
Schriftenreihe
Discussion Paper / Universität München und Humboldt-Universität zu Berlin, Collaborative Research Center Transregio 190 - Rationality and Competition, 96
Handle
https://hdl.handle.net/10419/185766
Status
Veröffentlichungsversion; begutachtet
Lizenz
Deposit Licence - Keine Weiterverbreitung, keine Bearbeitung