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Categorization and cooperation across games

Li Calzi, Marco; Mühlenbernd, Roland - In: Games 10 (2019) 1/5, pp. 1-21

We study a model where agents face a continuum of two-player games and categorize them into a finite number of situations to make sense of their complex environment. Agents need not share the same categorization. Each agent can cooperate or defect, conditional on the perceived category. The...

Persistent link: https://www.econbiz.de/10012015737

Repeated play of families of games by resource-constrained players

Nikandrova, Arina - In: Games 4 (2013) 3, pp. 339-346

This paper studies a repeated play of a family of games by resource-constrained players. To economize on reasoning resources, the family of games is partitioned into subsets of games which players do not distinguish. An example is constructed to show that when games are played a finite number of...

Persistent link: https://www.econbiz.de/10009785416

Evolutionary dynamics of gig economy labor strategies under technology, policy and market influence

Hu, Kevin; Fu, Feng - In: Games 12 (2021) 2, pp. 1-31

The emergence of the modern gig economy introduces a new set of employment considerations for firms and laborers that include various trade-offs. With a game-theoretical approach, we examine the influences of technology, policy and markets on firm and worker preferences for gig labor....

Persistent link: https://www.econbiz.de/10012547805

The Hitchhiker’s Guide to adaptive dynamics

Brännström, Ake; Johansson, Jacob; Festenber, Niels van - In: Games 4 (2013) 3, pp. 304-328

Adaptive dynamics is a mathematical framework for studying evolution. It extends evolutionary game theory to account for more realistic ecological dynamics and it can incorporate both frequency- and density-dependent selection. This is a practical guide to adaptive dynamics that aims to...

Persistent link: https://www.econbiz.de/10009785435

Evolution of cooperation in social dilemmas with assortative interactions

Iyer, Swami; Killingback, Timothy - In: Games 11 (2020) 4/41, pp. 1-31

Cooperation in social dilemmas plays a pivotal role in the formation of systems at all levels of complexity, from replicating molecules to multi-cellular organisms to human and animal societies. In spite of its ubiquity, the origin and stability of cooperation pose an evolutionary conundrum,...

Persistent link: https://www.econbiz.de/10012432254

Factors in learning dynamics influencing relative strengths of strategies in poker simulation

Foote, Aaron; Gooyabadi, Maryam; Addleman, Nikhil - In: Games 14 (2023) 6, pp. 1-16

Poker is a game of skill, much like chess or go, but distinct as an incomplete information game. Substantial work has been done to understand human play in poker, as well as the optimal strategies in poker. Evolutionary game theory provides another avenue to study poker by considering...

Persistent link: https://www.econbiz.de/10014443305

Evolution of decisions in population games with sequentially searching individuals

Priklopil, Tadeas; Chatterjee, Krishnendu - In: Games 6 (2015) 4, pp. 413-437

In many social situations, individuals endeavor to find the single best possible partner, but are constrained to evaluate the candidates in sequence. Examples include the search for mates, economic partnerships, or any other long-term ties where the choice to interact involves two parties....

Persistent link: https://www.econbiz.de/10011383745

Imitation dynamics in oligopoly games with heterogeneous players

Lindeman, Daan; Ochea, Marius I. - In: Games 15 (2024) 2, pp. 1-26

We investigate the role and performance of imitative behavior in a class of quantity-setting, Cournot games. Within a framework of evolutionary competition between rational, myopic best-response and imitation heuristics with differential heuristics' costs, we found that the equilibrium stability...

Persistent link: https://www.econbiz.de/10014636241

Random rank-dependent expected utility

Kashaev, Nail; Aguiar, Victor H. - In: Games 13 (2022) 1, pp. 1-10

We present a novel characterization of random rank-dependent expected utility for finite datasets and finite prizes. As … a byproduct, we obtain a characterization of random expected utility that works for finite datasets. The test lends … itself to statistical testing. We apply our test to an experimental dataset and find evidence against random expected utility …

Persistent link: https://www.econbiz.de/10013172016

Cost of reasoning and strategic Sophistication

Zhao, Wanqun - In: Games 11 (2020) 3/40, pp. 1-27

I designed an experiment to study the persistence of the prevailing levels of reasoning across games. Instead of directly comparing the k-level(s) of reasoning for each game, I used cognitive load to manipulate the strategic environment by imposing variations on the subject's cost of reasoning...

Persistent link: https://www.econbiz.de/10012432226