Task complexity, equilibrium selection, and learning: An experimental study

Management Science

Volumn 42, Issue 5, 1996, Pages 659-679

  Ho, Teck Hua ^a   Weigelt, Keith ^a  

^a NONE

Author keywords

Equilibrium Selection; Learning: An Experimental Study; Task Complexity

Indexed keywords

EID: 0001201274     PISSN: 00251909     EISSN: None     Source Type: Journal    
DOI: 10.1287/mnsc.42.5.659     Document Type: Article

References (26)

1. Banks, Jeffrey and J. Sobel, "Equilibrium Selection in Signaling Games," Econometrica, 55 (1987), 647-662.
2. Binmore, Kenneth, Fun and Games, D. C. Heath, Lexington, MA, 1992.
3. _, A. Shaked, and J. Sutton, "Testing Non-cooperative Bargaining Theory: A Preliminary Study," American Economic Rev., 75 (1985), 1178-1180.
4. Brandenburger, Adam, "Knowledge and Equilibrium in Games," J. Economic Perspectives, 6 (1992), 83-101.
5. Brown, G., "Iterative Solution of Games by Fictitious Play," in Activity Analysis of Production and Allocation, Wiley, New York, 1951.
6. Bush, R. R. and F. Mosteller, Stochastic Models for Learning, Wiley, New York, 1955.
7. Cho, I. and David Kreps, "Signaling Games and Stable Equilibria," Quarterly J. Economics, 102 (1987), 179-221.
8. Cournot, A., Recherches sur les principes mathematiques de la theorie des richesses, translated into English by N. Bacon as Researches in the Mathematical Principles of the Theory of Wealth, Haffner, London, 1960.
9. Cox, D. R., "The Regression Analysis of Binary Sequences," J. Royal Statistical Society, 1958, 215-232.
10. Dalkey, Norman, "Equivalence of Information Patterns and Essentially Determinate Games," Contributions to the Theory of Games II, Ann. Math. Studies 28, Princeton University Press, Princeton, NJ 1953.
11. Fundenberg, Drew and Jean Tirole, Game Theory, MIT Press, Cambridge, MA, 1992.
12. Harsanyi, John and Reinhard Selten, A General Theory of Equilibrium Selection in Games, MIT Press, Cambridge, MA, 1988.
13. Johnson, E. and J. Payne, "Effort and Accuracy in Choice," Management Sci., 31, 4 (1985), 395-414.
14. Kagel, John and Alvin Roth (Eds.), The Handbook of Experimental Economics, Princeton University Press, Princeton, NJ, 1995.
15. Kreps, D., "Out-of-equilibrium Beliefs and out-of-equilibrium Behavior," The Economics of Missing Markets, Information, and Games, Frank Hahn (Ed.), Clarendon Press, Oxford, 1990a.
16. _, Game Theory and Economic Modelling, Oxford University Press, Oxford, 1990b.
17. Lucas, Robert, "Adaptive Behavior in Economic Theory," J. Business, 59 (1986), s385-s400.
18. Marimon, R., E. McGrattan, and T. Sarget, "Money as a Medium of Exchange in an Economy with Artificial Intelligent Agents," J. Economic Dynamics and Control, 14 (1990), 329-374.
19. Maynard Smith, J., Evolution and the Theory of Games, Cambridge University Press, Cambridge, 1982.
20. Miller, G., "The Magical Number 7 Plus or Minus 2," Psychological Rev., 63 (1956), 81-97.
21. Myerson, Roger, Game Theory, Harvard University Press, Boston, MA, 1992.
22. Rubinstein, Ariel, "Finite Automata Play in Repeated Prisoner's Dilemma," J. Economic Theory, 39 (1986), 83-96.
23. Schotter, Andrew, Keith Weigelt, and Charles Wilson, "A Laboratory Investigation of Multi-person Rationality and Presentation Effects," Games and Economic Behavior, 6 (1994), 445-468.
24. Selten, Reinhard, "Spieltheoretische behandlung eines oligopolmodells mit nachfragetragheit," Zeitschrift fuer die gesampte Staatswisenschaft, 121 (1965), 301-324, 667-689.
25. Simon, H., Models of Bounded Rationality, 2 vols., MIT Press, Cambridge, MA, 1982.
26. Thompson, F., "Equivalence of Games in Extensive Form," Research Memorandum RM-759, The RAND Corporation, Santa Monica, CA, 1952.