Experimental Research about Learning in Inductive Game Theory
Authors
Yu Wang, Ming-Sheng Chen, Xiao Han, Fei-Na Yu
Corresponding Author
Yu Wang
Available Online August 2015.
- 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/).
Cite this article
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 -