Strategic Cost and ‘Matching Pennies’
AbstractEvidence supports the contention that humans find it costly to carry out some sorts of strategies. Such costs are unlikely to be observed directly, but various models have been proposed to represent them. We discuss a method for testing the empirical worth of these models.
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Bibliographic InfoPaper provided by Santa Fe Institute in its series Working Papers with number 99-07-048.
Date of creation: Jul 1999
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Strategic cost; mixed strategies; strategic complexity;
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Levine's Working Paper Archive
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