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On the Irrelevance of Risk Attitudes in Repeated Two-Outcome Games

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  • Wooders, John
  • Shachat, Jason M.

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  • Wooders, John & Shachat, Jason M., 2001. "On the Irrelevance of Risk Attitudes in Repeated Two-Outcome Games," Games and Economic Behavior, Elsevier, vol. 34(2), pages 342-363, February.
  • Handle: RePEc:eee:gamebe:v:34:y:2001:i:2:p:342-363
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    1. Mookherjee Dilip & Sopher Barry, 1994. "Learning Behavior in an Experimental Matching Pennies Game," Games and Economic Behavior, Elsevier, vol. 7(1), pages 62-91, July.
    2. Benoit, Jean-Pierre & Krishna, Vijay, 1985. "Finitely Repeated Games," Econometrica, Econometric Society, vol. 53(4), pages 905-922, July.
    3. Joyce E. Berg & Lane A. Daley & John W. Dickhaut & John R. O'Brien, 1986. "Controlling Preferences for Lotteries on Units of Experimental Exchange," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(2), pages 281-306.
    4. Rapoport, Amnon & Boebel, Richard B., 1992. "Mixed strategies in strictly competitive games: A further test of the minimax hypothesis," Games and Economic Behavior, Elsevier, vol. 4(2), pages 261-283, April.
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    Cited by:

    1. Geng, Sen & Peng, Yujia & Shachat, Jason & Zhong, Huizhen, 2015. "Adolescents, cognitive ability, and minimax play," Economics Letters, Elsevier, vol. 128(C), pages 54-58.
    2. Erev, Ido & Roth, Alvin E. & Slonim, Robert L. & Barron, Greg, 2002. "Predictive value and the usefulness of game theoretic models," International Journal of Forecasting, Elsevier, vol. 18(3), pages 359-368.
    3. Bradley J. Ruffle & Oscar Volij, 2012. "First-Mover Advantage In Two-Sided Competitions: An Experimental Comparison Of Role-Assignment Rules," Working Papers 1208, Ben-Gurion University of the Negev, Department of Economics.
    4. Shachat, Jason M., 2002. "Mixed Strategy Play and the Minimax Hypothesis," Journal of Economic Theory, Elsevier, vol. 104(1), pages 189-226, May.
    5. Montero García, María & Possajennikow, Alex & Sefton, Martín & Turocy, Theodore L., 2013. "Majoritarian Contests with Asymmetric Battlefields: An Experiment," IKERLANAK 11222, Universidad del País Vasco - Departamento de Fundamentos del Análisis Económico I.
    6. Mark Walker & John Wooders, 2001. "Minimax Play at Wimbledon," American Economic Review, American Economic Association, vol. 91(5), pages 1521-1538, December.
    7. Eliaz, Kfir & Rubinstein, Ariel, 2011. "Edgar Allan Poe's riddle: Framing effects in repeated matching pennies games," Games and Economic Behavior, Elsevier, vol. 71(1), pages 88-99, January.
    8. Bradley J. Ruffle & Oscar Volij, 2016. "First-mover advantage in best-of series: an experimental comparison of role-assignment rules," International Journal of Game Theory, Springer;Game Theory Society, vol. 45(4), pages 933-970, November.
    9. Walker, Mark & Wooders, John & Amir, Rabah, 2011. "Equilibrium play in matches: Binary Markov games," Games and Economic Behavior, Elsevier, vol. 71(2), pages 487-502, March.
    10. Van Essen, Matt & Wooders, John, 2015. "Blind stealing: Experience and expertise in a mixed-strategy poker experiment," Games and Economic Behavior, Elsevier, vol. 91(C), pages 186-206.
    11. Scroggin, Steven, 2007. "Exploitable actions of believers in the "law of small numbers" in repeated constant-sum games," Journal of Economic Theory, Elsevier, vol. 133(1), pages 219-235, March.
    12. Dimitris Batzilis & Sonia Jaffe & Steven Levitt & John A. List & Jeffrey Picel, 2019. "Behavior in Strategic Settings: Evidence from a Million Rock-Paper-Scissors Games," Games, MDPI, vol. 10(2), pages 1-34, April.
    13. Maria Montero & Alex Possajennikov & Martin Sefton & Theodore Turocy, 2016. "Majoritarian Blotto contests with asymmetric battlefields: an experiment on apex games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 61(1), pages 55-89, January.
    14. Ido Erev & Alvin Roth & Robert Slonim & Greg Barron, 2007. "Learning and equilibrium as useful approximations: Accuracy of prediction on randomly selected constant sum games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 33(1), pages 29-51, October.
    15. John Van Huyck & Frederick Rankin & Raymond Battalio, 1999. "What Does it Take to Eliminate the use of a Strategy Strictly Dominated by a Mixture?," Experimental Economics, Springer;Economic Science Association, vol. 2(2), pages 129-150, December.
    16. John Wooders, 2010. "Does Experience Teach? Professionals and Minimax Play in the Lab," Econometrica, Econometric Society, vol. 78(3), pages 1143-1154, May.
    17. Romain Gauriot & Lionel Page & John Wooders, 2016. "Nash at Wimbledon: Evidence from Half a Million Serves," QuBE Working Papers 046, QUT Business School.
    18. Okano, Yoshitaka, 2013. "Minimax play by teams," Games and Economic Behavior, Elsevier, vol. 77(1), pages 168-180.
    19. Romain Gauriot & Lionel Page & John Wooders, 2016. "Nash at Wimbledon: Evidence from Half a Million Serves," QuBE Working Papers 046, QUT Business School.
    20. Kfir Eliaz & Ariel Rubinstein, 2008. "Edgar Allen Poe's Riddle: Do Guessers Outperform Misleaders in a Repeated Matching Pennies Game?," Levine's Working Paper Archive 122247000000001909, David K. Levine.
    21. Ido Erev & Alvin E. Roth & Robert Slonim, 2016. "Minimax across a population of games," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 2(2), pages 144-156, November.

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