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Perceiving strategic environments -An experimental study of strategy formation and transfer-

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  • Andreas Nicklisch

Abstract

Within the setting of two simple two-person coordination games the formation of subjective strategies is observed experimentally. Though the structure of the game is unknown players use their actions in order to coordinate on a specific equilibrium. Strategies enable them to interpret the opponent's behavior in an appropriate way. It turns out that more informed players coordinate faster while the strategy of less informed players is more robust with respect to changes in the game structure.

Suggested Citation

  • Andreas Nicklisch, 2004. "Perceiving strategic environments -An experimental study of strategy formation and transfer-," Papers on Strategic Interaction 2004-26, Max Planck Institute of Economics, Strategic Interaction Group.
    • Handle: RePEc:esi:discus:2004-26
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    File URL: ftp://papers.econ.mpg.de/esi/discussionpapers/2004-26.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    learning; strategy formation; partial reinforcement; strategy adaptation;
    All these keywords.

    JEL classification:

    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • D84 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Expectations; Speculations

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