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Separating the Hawks from the Doves: Evidence from continuous time laboratory games

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  • Oprea, Ryan
  • Henwood, Keith
  • Friedman, Daniel

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.

Suggested Citation

  • Oprea, Ryan & Henwood, Keith & Friedman, Daniel, 2011. "Separating the Hawks from the Doves: Evidence from continuous time laboratory games," Journal of Economic Theory, Elsevier, vol. 146(6), pages 2206-2225.
  • Handle: RePEc:eee:jetheo:v:146:y:2011:i:6:p:2206-2225
    DOI: 10.1016/j.jet.2011.10.014
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    More about this item

    Keywords

    Evolutionary dynamics; Hawk–Dove game; Game theory; Laboratory experiment; Continuous time game;
    All these keywords.

    JEL classification:

    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions

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