Experimental Research about Learning in Inductive Game Theory

DOI

10.2991/msmi-15.2015.107How to use a DOI?

Keywords

Experimental economics, Learning, Inductive game theory.

Abstract

In this article we expect to research how do players who are incompletely informed learn about the game from the perspective of experiment. We find that players can form and update their personal views about the rules of the game through interactions and then often choose the best replying strategy according to the Nash equilibrium of the games. The experimental data indicates that there are some factors can influence the effect of learning. Moreover, players are more likely to choose their strategies according to QRE (quantal response equilibrium).

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yu Wang
AU  - Ming-Sheng Chen
AU  - Xiao Han
AU  - Fei-Na Yu
PY  - 2015/08
DA  - 2015/08
TI  - Experimental Research about Learning in Inductive Game Theory
BT  - Proceedings of the 2015 International Conference on Management Science and Management Innovation
PB  - Atlantis Press
SP  - 573
EP  - 578
SN  - 2352-5428
UR  - https://doi.org/10.2991/msmi-15.2015.107
DO  - 10.2991/msmi-15.2015.107
ID  - Wang2015/08
ER  -