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Learning Behavior in an Experimental Matching Pennies Game

Citations

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Cited by:

  1. Andreas Nicklisch, 2006. "Perceiving strategic environments: An experimental study of learning under minimal information," Discussion Paper Series of the Max Planck Institute for Behavioral Economics 2006_17, Max Planck Institute for Behavioral Economics.
  2. 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.
  3. Bernd Hayo & Björn Vollan, 2009. "Individual Heterogeneity, Group Interaction, and Co-operative Behaviour: Evidence from a Common-Pool Resource Experiment in South Africa and Namibia," MAGKS Papers on Economics 200917, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
  4. Ralph-C. Bayer & Elke Renner & Rupert Sausgruber, 2013. "Confusion and learning in the voluntary contributions game," Experimental Economics, Springer;Economic Science Association, vol. 16(4), pages 478-496, December.
  5. Mikhael Shor, 2003. "Learning to Respond: The Use of Heuristics in Dynamic Games," Game Theory and Information 0301001, University Library of Munich, Germany.
  6. Atanasios Mitropoulos, 2001. "Learning Under Little Information: An Experiment on Mutual Fate Control," Game Theory and Information 0110003, University Library of Munich, Germany.
  7. Ofer Azar & Michael Bar-Eli, 2011. "Do soccer players play the mixed-strategy Nash equilibrium?," Applied Economics, Taylor & Francis Journals, vol. 43(25), pages 3591-3601.
  8. Michal Krol & Magdalena Krol, 2017. "A novel approach to studying strategic decisions with eye-tracking and machine learning," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 12(6), pages 596-609, November.
  9. Pedro Rey-Biel, 2005. "Equilibrium Play and Best Reply to (Stated) Beliefs in Constant Sum Games," Experimental 0512003, University Library of Munich, Germany.
  10. Stahl, Dale O., 2001. "Population rule learning in symmetric normal-form games: theory and evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 45(1), pages 19-35, May.
  11. Ho, Teck H. & Camerer, Colin F. & Chong, Juin-Kuan, 2007. "Self-tuning experience weighted attraction learning in games," Journal of Economic Theory, Elsevier, vol. 133(1), pages 177-198, March.
  12. Michele Bernasconi & Matteo Galizzi, 2010. "Network formation in repeated interactions: experimental evidence on dynamic behaviour," Mind & Society: Cognitive Studies in Economics and Social Sciences, Springer;Fondazione Rosselli, vol. 9(2), pages 193-228, December.
  13. Nick Feltovich, 2000. "Reinforcement-Based vs. Belief-Based Learning Models in Experimental Asymmetric-Information," Econometrica, Econometric Society, vol. 68(3), pages 605-642, May.
  14. Camerer, Colin F. & Ho, Teck-Hua, 2015. "Behavioral Game Theory Experiments and Modeling," Handbook of Game Theory with Economic Applications,, Elsevier.
  15. Asim Ansari & Ricardo Montoya & Oded Netzer, 2012. "Dynamic learning in behavioral games: A hidden Markov mixture of experts approach," Quantitative Marketing and Economics (QME), Springer, vol. 10(4), pages 475-503, December.
  16. Shachat, Jason & Swarthout, J. Todd, 2012. "Learning about learning in games through experimental control of strategic interdependence," Journal of Economic Dynamics and Control, Elsevier, vol. 36(3), pages 383-402.
  17. Spiliopoulos, Leonidas, 2013. "Beyond fictitious play beliefs: Incorporating pattern recognition and similarity matching," Games and Economic Behavior, Elsevier, vol. 81(C), pages 69-85.
  18. Sean Duffy & J. J. Naddeo & David Owens & John Smith, 2024. "Cognitive Load and Mixed Strategies: On Brains and Minimax," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 26(03), pages 1-34, September.
  19. Dale, Donald J. & Morgan, John & Rosenthal, Robert W., 2002. "Coordination through Reputations: A Laboratory Experiment," Games and Economic Behavior, Elsevier, vol. 38(1), pages 52-88, January.
  20. Lensberg, Terje & Schenk-Hoppé, Klaus Reiner, 2021. "Cold play: Learning across bimatrix games," Journal of Economic Behavior & Organization, Elsevier, vol. 185(C), pages 419-441.
  21. Erhao Xie, 2019. "Monetary Payoff and Utility Function in Adaptive Learning Models," Staff Working Papers 19-50, Bank of Canada.
  22. Giovanni Ponti & Robert M. Seymour, "undated". "Conventions and Social Mobility in Bargaining Situations," ELSE working papers 034, ESRC Centre on Economics Learning and Social Evolution.
  23. Sourav Bhattacharya, 2006. "Campaign Rhetoric and the Hide-and-Seek Game," Working Paper 326, Department of Economics, University of Pittsburgh, revised Jun 2007.
  24. Ignacio Palacios-Huerta, 2003. "Professionals Play Minimax," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(2), pages 395-415.
  25. Izquierdo, Luis R. & Izquierdo, Segismundo S. & Gotts, Nicholas M. & Polhill, J. Gary, 2007. "Transient and asymptotic dynamics of reinforcement learning in games," Games and Economic Behavior, Elsevier, vol. 61(2), pages 259-276, November.
  26. Rustichini, Aldo, 2003. "Equilibria in large games with continuous procedures," Journal of Economic Theory, Elsevier, vol. 111(2), pages 151-171, August.
  27. Friedman, Daniel & Zhao, Shuchen, 2021. "When are mixed equilibria relevant?," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 51-65.
  28. Jung S You, 2021. "Random Actions in Experimental Zero-Sum Games," Journal of Economics and Behavioral Studies, AMH International, vol. 13(1), pages 69-81.
  29. Aurora García-Gallego & Penelope Hernández-Rojas & Amalia Rodrigo-González, 2015. "An experimental online matching pennies game," Working Papers 2015/03, Economics Department, Universitat Jaume I, Castellón (Spain).
  30. Yoshitaka Okano, 2016. "Re-examination of team’s play in a mixed-strategy game experiment," Applied Economics Letters, Taylor & Francis Journals, vol. 23(8), pages 601-604, May.
  31. Matros, Alexander, 2012. "Altruistic versus egoistic behavior in a Public Good game," Journal of Economic Dynamics and Control, Elsevier, vol. 36(4), pages 642-656.
  32. Isabelle Brocas & Juan D. Carrillo, 2022. "The development of randomization and deceptive behavior in mixed strategy games," Quantitative Economics, Econometric Society, vol. 13(2), pages 825-862, May.
  33. Terracol, Antoine & Vaksmann, Jonathan, 2009. "Dumbing down rational players: Learning and teaching in an experimental game," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 54-71, May.
  34. Rapoport, Amnon & Erev, Ido & Abraham, Elizabeth V. & Olson, David E., 1997. "Randomization and Adaptive Learning in a Simplified Poker Game," Organizational Behavior and Human Decision Processes, Elsevier, vol. 69(1), pages 31-49, January.
  35. Colin Camerer & Teck-Hua Ho & Juin Kuan Chong, 2003. "A cognitive hierarchy theory of one-shot games: Some preliminary results," Levine's Bibliography 506439000000000495, UCLA Department of Economics.
  36. Timothy C. Salmon, 2001. "An Evaluation of Econometric Models of Adaptive Learning," Econometrica, Econometric Society, vol. 69(6), pages 1597-1628, November.
  37. Giovanni Ponti & Anita Gantner & Dunia López-Pintado & Robert Montgomery, 2003. "Solomon's Dilemma: An experimental study on dynamic implementation," Review of Economic Design, Springer;Society for Economic Design, vol. 8(2), pages 217-239, October.
  38. Simon P. Anderson & Jacob K. Goeree & Charles A. Holt, 2002. "The Logit Equilibrium: A Perspective on Intuitive Behavioral Anomalies," Southern Economic Journal, John Wiley & Sons, vol. 69(1), pages 21-47, July.
  39. Stefan Ambec & Alexis Garapin & Laurent Muller & Arnaud Reynaud & Carine Sebi, 2014. "Comparing Regulations to Protect the Commons: An Experimental Investigation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 58(2), pages 219-244, June.
  40. Pedro Rey Biel, 2005. "Equilibrium PLay and Best Response to (Stated) Beliefs in Constant Sum Games," Experimental 0506003, University Library of Munich, Germany.
  41. Cheung, Yin-Wong & Friedman, Daniel, 1997. "Individual Learning in Normal Form Games: Some Laboratory Results," Games and Economic Behavior, Elsevier, vol. 19(1), pages 46-76, April.
  42. Merlo, Antonio & Schotter, Andrew, 1999. "A Surprise-Quiz View of Learning in Economic Experiments," Games and Economic Behavior, Elsevier, vol. 28(1), pages 25-54, July.
  43. Blume, Andreas & Gneezy, Uri, 2000. "An Experimental Investigation of Optimal Learning in Coordination Games," Journal of Economic Theory, Elsevier, vol. 90(1), pages 161-172, January.
  44. Xie, Erhao, 2021. "Empirical properties and identification of adaptive learning models in behavioral game theory," Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 798-821.
  45. Shachat, Jason M., 2002. "Mixed Strategy Play and the Minimax Hypothesis," Journal of Economic Theory, Elsevier, vol. 104(1), pages 189-226, May.
  46. Pedro Rey Biel, 2005. "Equilibrium Play and Best Response in Sequential Constant Sum Games," Experimental 0506004, University Library of Munich, Germany.
  47. Andreas Blume & Douglas V. DeJong & George R. Neumann & N. E. Savin, 2002. "Learning and communication in sender-receiver games: an econometric investigation," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 17(3), pages 225-247.
  48. Chen, Yan & Khoroshilov, Yuri, 2003. "Learning under limited information," Games and Economic Behavior, Elsevier, vol. 44(1), pages 1-25, July.
  49. Napel, Stefan, 2003. "Aspiration adaptation in the ultimatum minigame," Games and Economic Behavior, Elsevier, vol. 43(1), pages 86-106, April.
  50. Apesteguia, Jose, 2006. "Does information matter in the commons?: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 60(1), pages 55-69, May.
  51. Rapoport, Amnon & Stein, William E. & Parco, James E. & Nicholas, Thomas E., 2003. "Equilibrium play and adaptive learning in a three-person centipede game," Games and Economic Behavior, Elsevier, vol. 43(2), pages 239-265, May.
  52. Robert W. Rosenthal & Jason Shachat & Mark Walker, 2003. "Hide and seek in Arizona," International Journal of Game Theory, Springer;Game Theory Society, vol. 32(2), pages 273-293, December.
  53. Gallice, Andrea, 2006. "Predicting one Shot Play in 2x2 Games Using Beliefs Based on Minimax Regret," Economic Theory and Applications Working Papers 12182, Fondazione Eni Enrico Mattei (FEEM).
  54. J. Van Huyck & R. Battalio & F. Rankin, 1996. "On the Evolution of Convention: Evidence from Coordination Games," Levine's Working Paper Archive 548, David K. Levine.
  55. David Cooper & Nick Feltovich & Alvin Roth & Rami Zwick, 2003. "Relative versus Absolute Speed of Adjustment in Strategic Environments: Responder Behavior in Ultimatum Games," Experimental Economics, Springer;Economic Science Association, vol. 6(2), pages 181-207, October.
  56. Hayo, Bernd & Vollan, Björn, 2012. "Group interaction, heterogeneity, rules, and co-operative behaviour: Evidence from a common-pool resource experiment in South Africa and Namibia," Journal of Economic Behavior & Organization, Elsevier, vol. 81(1), pages 9-28.
  57. Yangbo Song & Mofei Zhao, 2023. "Cooperative teaching and learning of actions," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(4), pages 1289-1327, November.
  58. 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.
  59. Pangallo, Marco & Sanders, James B.T. & Galla, Tobias & Farmer, J. Doyne, 2022. "Towards a taxonomy of learning dynamics in 2 × 2 games," Games and Economic Behavior, Elsevier, vol. 132(C), pages 1-21.
  60. Teck H Ho & Colin Camerer & Juin-Kuan Chong, 2003. "Functional EWA: A one-parameter theory of learning in games," Levine's Working Paper Archive 506439000000000514, David K. Levine.
  61. Yuanji Wen & Stijn Masschelein & Anmol Ratan, 2022. "Loss aversion in asymmetric anti‐coordination games," Southern Economic Journal, John Wiley & Sons, vol. 88(4), pages 1549-1573, April.
  62. Osili, Una Okonkwo & Paulson, Anna, 2014. "Crises and confidence: Systemic banking crises and depositor behavior," Journal of Financial Economics, Elsevier, vol. 111(3), pages 646-660.
  63. Emara, Noha & Owens, David & Smith, John & Wilmer, Lisa, 2017. "Serial correlation in National Football League play calling and its effects on outcomes," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 69(C), pages 125-132.
  64. Weinstein-Gould Jesse, 2009. "Keeping the Hitter Off Balance: Mixed Strategies in Baseball," Journal of Quantitative Analysis in Sports, De Gruyter, vol. 5(2), pages 1-20, May.
  65. Blume, A. & DeJong, D.V. & Neumann, G. & Savin, N.E., 2000. "Learning and Communication in Sender-Reciever Games : An Economic Investigation," Other publications TiSEM 138dc36b-5269-421a-9e79-b, Tilburg University, School of Economics and Management.
  66. Rustichini, A., 1998. "Sophisticated Players and Sophisticated Agents," Discussion Paper 1998-110, Tilburg University, Center for Economic Research.
  67. Potters, Jan & van Winden, Frans, 1996. "Comparative Statics of a Signaling Game: An Experimental Study," International Journal of Game Theory, Springer;Game Theory Society, vol. 25(3), pages 329-353.
  68. repec:wyi:journl:002151 is not listed on IDEAS
  69. John Wooders, 2010. "Does Experience Teach? Professionals and Minimax Play in the Lab," Econometrica, Econometric Society, vol. 78(3), pages 1143-1154, May.
  70. Duffy, John, 2006. "Agent-Based Models and Human Subject Experiments," Handbook of Computational Economics, in: Leigh Tesfatsion & Kenneth L. Judd (ed.), Handbook of Computational Economics, edition 1, volume 2, chapter 19, pages 949-1011, Elsevier.
  71. Borgers, Tilman & Sarin, Rajiv, 1997. "Learning Through Reinforcement and Replicator Dynamics," Journal of Economic Theory, Elsevier, vol. 77(1), pages 1-14, November.
  72. Chong, Juin-Kuan & Camerer, Colin F. & Ho, Teck H., 2006. "A learning-based model of repeated games with incomplete information," Games and Economic Behavior, Elsevier, vol. 55(2), pages 340-371, May.
  73. Ioannou, Christos A. & Romero, Julian, 2014. "A generalized approach to belief learning in repeated games," Games and Economic Behavior, Elsevier, vol. 87(C), pages 178-203.
  74. Rapoport, Amnon & Amaldoss, Wilfred, 2000. "Mixed strategies and iterative elimination of strongly dominated strategies: an experimental investigation of states of knowledge," Journal of Economic Behavior & Organization, Elsevier, vol. 42(4), pages 483-521, August.
  75. Blume, A. & DeJong, D.V. & Neumann, G.R. & Savin, N.E., 1998. "Learning in Sender-Receiver Games," Working Papers 98-02, University of Iowa, Department of Economics.
  76. Theo Offerman & Jan Potters & Joep Sonnemans, 2002. "Imitation and Belief Learning in an Oligopoly Experiment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 69(4), pages 973-997.
  77. Rustichini, A., 1998. "Sophisticated Players and Sophisticated Agents," Other publications TiSEM de5b9fc1-8021-4255-8a80-5, Tilburg University, School of Economics and Management.
  78. Dziubiński, Marcin & Roy, Jaideep, 2012. "Popularity of reinforcement-based and belief-based learning models: An evolutionary approach," Journal of Economic Dynamics and Control, Elsevier, vol. 36(3), pages 433-454.
  79. Karandikar, Rajeeva & Mookherjee, Dilip & Ray, Debraj & Vega-Redondo, Fernando, 1998. "Evolving Aspirations and Cooperation," Journal of Economic Theory, Elsevier, vol. 80(2), pages 292-331, June.
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  81. Gallice, Andrea, 2007. "Best Responding to What? A Behavioral Approach to One Shot Play in 2x2 Games," Discussion Papers in Economics 1365, University of Munich, Department of Economics.
  82. Ganna Pogrebna & Pavlo Blavatskyy, 2009. "Coordination, focal points and voting in strategic situations: a natural experiment," Public Choice, Springer, vol. 140(1), pages 125-143, July.
  83. Emara, Noha & Owens, David & Smith, John & Wilmer, Lisa, 2014. "Minimax on the gridiron: Serial correlation and its effects on outcomes in the National Football League," MPRA Paper 58907, University Library of Munich, Germany.
  84. Andreas Nicklisch, 2011. "Learning strategic environments: an experimental study of strategy formation and transfer," Theory and Decision, Springer, vol. 71(4), pages 539-558, October.
  85. Kyoo il Kim, 2006. "Semiparametric Estimation of Signaling Games," Working Papers 19-2006, Singapore Management University, School of Economics.
  86. Armantier, Olivier, 2004. "Does observation influence learning?," Games and Economic Behavior, Elsevier, vol. 46(2), pages 221-239, February.
  87. Segismundo S. Izquierdo & Luis R. Izquierdo & Nicholas M. Gotts, 2008. "Reinforcement Learning Dynamics in Social Dilemmas," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 11(2), pages 1-1.
  88. Cox, James C. & Shachat, Jason & Walker, Mark, 2001. "An Experiment to Evaluate Bayesian Learning of Nash Equilibrium Play," Games and Economic Behavior, Elsevier, vol. 34(1), pages 11-33, January.
  89. Wen, Yuanji, 2018. "Voluntary information acquisition in an asymmetric-Information game:comparing learning theories in the laboratory," Journal of Economic Behavior & Organization, Elsevier, vol. 150(C), pages 202-219.
  90. Friedman, Eric & Shor, Mikhael & Shenker, Scott & Sopher, Barry, 2004. "An experiment on learning with limited information: nonconvergence, experimentation cascades, and the advantage of being slow," Games and Economic Behavior, Elsevier, vol. 47(2), pages 325-352, May.
  91. Mookherjee, Dilip & Sopher, Barry, 1997. "Learning and Decision Costs in Experimental Constant Sum Games," Games and Economic Behavior, Elsevier, vol. 19(1), pages 97-132, April.
  92. Teck H. Ho & Xin Wang & Colin F. Camerer, 2008. "Individual Differences in EWA Learning with Partial Payoff Information," Economic Journal, Royal Economic Society, vol. 118(525), pages 37-59, January.
  93. Jason Shachat & J. Todd Swarthout & Lijia Wei, 2011. "Man versus Nash An experiment on the self-enforcing nature of mixed strategy equilibrium," Working Papers 1101, Xiamen Unversity, The Wang Yanan Institute for Studies in Economics, Finance and Economics Experimental Laboratory, revised 21 Feb 2011.
  94. P.-A. Chiappori, 2002. "Testing Mixed-Strategy Equilibria When Players Are Heterogeneous: The Case of Penalty Kicks in Soccer," American Economic Review, American Economic Association, vol. 92(4), pages 1138-1151, September.
  95. 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.
  96. Mitropoulos, Atanasios, 2001. "Learning under minimal information: An experiment on mutual fate control," Journal of Economic Psychology, Elsevier, vol. 22(4), pages 523-557, August.
  97. Ganna Pogrebna & Pavlo Blavatskyy, 2009. "Coordination, focal points and voting in strategic situations: a natural experiment," IEW - Working Papers 403, Institute for Empirical Research in Economics - University of Zurich.
  98. Ralph-C. Bayer & Elke Renner & Rupert Sausgruber, 2009. "Confusion and Reinforcement Learning in Experimental Public Goods Games," Working Papers 2009-22, Faculty of Economics and Statistics, Universität Innsbruck.
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  101. Okano, Yoshitaka, 2013. "Minimax play by teams," Games and Economic Behavior, Elsevier, vol. 77(1), pages 168-180.
  102. George R. Neumann & Nathan E. Savin, 2000. "Learning and Communication in Sender-Receiver Games: An Econometric Investigation," Econometric Society World Congress 2000 Contributed Papers 1852, Econometric Society.
  103. 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.
  104. 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.
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  106. Stahl, Dale O., 2000. "Rule Learning in Symmetric Normal-Form Games: Theory and Evidence," Games and Economic Behavior, Elsevier, vol. 32(1), pages 105-138, July.
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