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Separating the Hawks from the Doves: Evidence from Continuous Time Laboratory Games

  • Ryan Oprea
  • Keith Henwood
  • Daniel Friedman

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.

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File URL: http://www.cesifo-group.de/portal/page/portal/DocBase_Content/WP/WP-CESifo_Working_Papers/wp-cesifo-2010/wp-cesifo-2010-07/cesifo1_wp3129.pdf
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Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number 3129.

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Date of creation: 2010
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Handle: RePEc:ces:ceswps:_3129
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  12. Karl H. Schlag, . "Why Imitate, and if so, How? A Bounded Rational Approach to Multi- Armed Bandits," ELSE working papers 028, ESRC Centre on Economics Learning and Social Evolution.
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  17. Dan Friedman, 2010. "Equilibrium in Evolutionary Games: Some Experimental Results," Levine's Working Paper Archive 393, David K. Levine.
  18. repec:cdl:ucscec:1026613 is not listed on IDEAS
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