Predating Predators: An experimental Study
The phenomenon of predating predators requires at least three specimens to whom we refer as players 1, 2, and 3. Player 1 has simply to guess nature when trying to find food. Player 2 is hunting player 1 in the hope that 1 is well fed but must also avoid being hunted by player 3. One major motivation is to test three benchmark solutions (uniformly perfect, impulse balance and payoff balance equilibrium) in such a complex strategic setting. In the experiment three participants repeatedly pay the game (partner design) which allows us to test whether certain types of behavior are just inclinations or stable patterns which survive leaning and experience
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Volume (Year): 18 (2001)
Issue (Month): ()
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- Reinhard Selten & Klaus Abbink & Ricarda Cox, 2001.
"Learning Direction Theory and the Winner’s Curse,"
Bonn Econ Discussion Papers
bgse10_2001, University of Bonn, Germany.
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