Predating Predators: An experimental Study
AbstractThe phenomenon of predating predators requires at least three specimens to whom we refer as players 1, 2, and 3. Player 1 has simply to guess nature when trying to find food. Player 2 is hunting player 1 in the hope that 1 is well fed but must also avoid being hunted by player 3. One major motivation is to test three benchmark solutions (uniformly perfect, impulse balance and payoff balance equilibrium) in such a complex strategic setting. In the experiment three participants repeatedly pay the game (partner design) which allows us to test whether certain types of behavior are just inclinations or stable patterns which survive leaning and experience
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Bibliographic InfoArticle provided by Institute of SocioEconomics in its journal Homo Oeconomicus.
Volume (Year): 18 (2001)
Issue (Month): ()
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