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How do people play against Nash opponents in games which have a mixed strategy equilibrium?

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Author Info
Jason Shachat
J. Todd Swarthout

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Abstract

We examine experimentally how humans behave when they, unbeknownst to them, play against a computer which implements its part of a mixed strategy Nash equilibrium. We consider two games, one zero-sum and another unprofitable with a pure minimax strategy. A minority of subjects' play was consistent with their Nash equilibrium strategy. But a larger percentage of subjects' play was more consistent with different models of play: equal-probable play for the zero-sum game, and the minimax strategy in the non-profitable game.

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File URL: http://excen.gsu.edu/workingpapers/GSU_EXCEN_WP_2008-07.pdf
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Publisher Info
Paper provided by Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University in its series Experimental Economics Center Working Paper Series with number 2008-07.

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Length: 16
Date of creation: Mar 2008
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Handle: RePEc:exc:wpaper:2008-07

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Web page: http://excen.gsu.edu/
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This page was last updated on 2008-10-4.


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