The paper reports simulations applied on two similar congestion games: the first is the classical minority game. The second one is a asymmetric variation of the minority game with linear payoff functions. For each game simulation results based on an extended reinforcement algorithm are compared with real experimental statistics. It is shown that the extension of the reinforcement model is essential for fitting the experimental data and estimating the players behaviour.
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Publisher Info
Paper provided by University of Bonn, Germany in its series Bonn Econ Discussion Papers with number
bgse24_2004.
Length: 19 Date of creation: Dec 2004 Date of revision: Handle: RePEc:bon:bonedp:bgse24_2004
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