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Some Experimental Non-Zero Sum Games with Lack of Information About the Rules

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  • Martin Shubik

    (Cowles Foundation for Research in Economics, Yale University)

Abstract

A discussion of the relationship between the theory of games and experimental gaming is presented. This includes comments on games of indefinite length and lack of knowledge concerning the rules. Six simple games are constructed and examined in the light of four different solution concepts. These games were used in an experiment with a class of Yale seniors as the subjects. The results of these experiments are discussed. They appear to lend weight to the non-cooperative equilibrium concept of solution.

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File URL: http://dx.doi.org/10.1287/mnsc.8.2.215
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Bibliographic Info

Article provided by INFORMS in its journal Management Science.

Volume (Year): 8 (1962)
Issue (Month): 2 (January)
Pages: 215-234

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Handle: RePEc:inm:ormnsc:v:8:y:1962:i:2:p:215-234

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Cited by:
  1. Martin Shubik, 2011. "The Present and Future of Game Theory," Cowles Foundation Discussion Papers 1808, Cowles Foundation for Research in Economics, Yale University.

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