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Separating the Hawks from the Doves: Evidence from Continuous Time Laboratory Games

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  • Ryan Oprea
  • Keith Henwood
  • Daniel Friedman

Abstract

Human players in our laboratory experiment received flow payoffs over 120 seconds each period from a standard Hawk-Dove bimatrix game played in continuous time. Play converged closely to the symmetric mixed Nash equilibrium under a one-population matching protocol. When the same players were matched in a two-population protocol with the same bimatrix, they showed clear movement towards an asymmetric (and very inequitable) pure Nash equilibrium of the game. These findings support distinctive predictions of evolutionary game theory.

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Bibliographic Info

Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 3129.

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Date of creation: 2010
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Handle: RePEc:ces:ceswps:_3129

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Keywords: evolutionary dynamics; Hawk-Dove game; game theory; laboratory experiment; continuous time game;

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References

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Cited by:
  1. Yu-Fu Chen & Michael Funke, 2010. "Global Warming and Extreme Events: Rethinking the Timing and Intensity of Environmental Policy," CESifo Working Paper Series 3139, CESifo Group Munich.
  2. Bigoni, Maria & Casari, Marco & Skrzypacz, Andrzej & Spagnolo, Giancarlo, 2011. "Time Horizon and Cooperation in Continuous Time," Research Papers 2088, Stanford University, Graduate School of Business.

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