Make humans randomize
AbstractThis paper presents results from an experiment studying a two-person 4x4 pure coordination game. We seek to identify a labeling of actions that induces subjects to select all options with the same probability. Such a display of actions must be free from salient properties that might be used by participants to coordinate. Testing 23 different sets of labels, we identify two sets that produce a distribution of subjectsÕ choices which approximate the uniform distribution quite well. Our design can be used in studies intending to compare the behavior of subjects who play against a random mechanism with that of participants who play against human counterparts.
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Bibliographic InfoPaper provided by Thurgauer Wirtschaftsinstitut, Universität Konstanz in its series TWI Research Paper Series with number 83.
Date of creation: 2013
Date of revision:
coordination game; experiment; mixed strategy; level k;
Other versions of this item:
- Lisa Bruttel & Tim Friehe, 2013. "Make Humans Randomize," Working Paper Series of the Department of Economics, University of Konstanz 2013-20, Department of Economics, University of Konstanz.
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
- D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-28 (All new papers)
- NEP-CBE-2013-07-28 (Cognitive & Behavioural Economics)
- NEP-EXP-2013-07-28 (Experimental Economics)
- NEP-HPE-2013-07-28 (History & Philosophy of Economics)
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