Response Modes And Coordination In A Traffic Context, An Experimental Comparison Of Chinese And German Participants
AbstractThis paper reports results of laboratory experiments about traffic behavior of participants with different cultural backgrounds. We conducted the minority game as an elementary traffic scenario in which human participants of a German and Chinese subject pool had to choose over 100 periods between a road A and a road B. In each period, the road which was chosen by the minority of players won, these participants got a payoff. The payoff in the majority group was 0. An important observation is that the number of road changes of a participant is negatively correlated with her cumulative payoff. The Chinese participants reacted differently to the payoffs of preceding periods than the German participants.
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Bibliographic InfoArticle provided by World Scientific Publishing Co. Pte. Ltd. in its journal The Singapore Economic Review.
Volume (Year): 56 (2011)
Issue (Month): 04 ()
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- Thorsten Chmura & Werner Güth, 2011.
"The Minority of Three-Game: An Experimental and Theoretical Analysis,"
MDPI, Open Access Journal, vol. 2(3), pages 333-354, September.
- Thorsten Chmura & Werner Güth & Thomas Pitz & Anthony Ziegelmeyer, 2010. "The Minority of Three-Game: An Experimental and Theoretical Analysis," Jena Economic Research Papers 2010-071, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
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