The effects of payoff magnitude and heterogeneity on behavior in 2X2 games with unique mixed strategy equilibria

Article Abstract:

Game theory is explored to assess mixed strategies and the Logit Equilibrium model.

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Thinking like a game theorist: factors affecting the frequency of equilibrium play

Article Abstract:

The impact of the elicitation of beliefs on others in game theory is examined in detail.

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Time horizon and equilibrium selection in tacit coordination games: experimental results

Article Abstract:

Equilibrium selection is affected by the number of repetitions of a baseline coordination game. Results of computerized coordination experiments revealed the players' greater tolerance towards deviations from the Pareto dominant action level when there are sufficiently many periods to be played. Attainment of the Pareto dominant equilibrium is more likely for players who are more willing to experiment with their action value.

Research and Development in the Physical, Engineering, and Life Sciences, Mathematics

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