메뉴 건너뛰기




Volumn 43, Issue 2, 2003, Pages 239-265

Equilibrium play and adaptive learning in a three-person centipede game

Author keywords

Adaptive learning; Backward induction; Centipede game; Experimental study; High vs. low stakes

Indexed keywords


EID: 0037716305     PISSN: 08998256     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0899-8256(03)00009-5     Document Type: Article
Times cited : (57)

References (34)
  • 1
    • 0034340489 scopus 로고    scopus 로고
    • Experience-weighted attraction learning in sender-receiver signaling games
    • Anderson, F., Camerer, C.F., 2001. Experience-weighted attraction learning in sender-receiver signaling games. Econ. Theory 16, 689-718.
    • (2001) Econ. Theory , vol.16 , pp. 689-718
    • Anderson, F.1    Camerer, C.F.2
  • 2
    • 0002220788 scopus 로고
    • Correlated equilibrium as an expression of Bayesian rationality
    • Aumann, R.J., 1987. Correlated equilibrium as an expression of Bayesian rationality. Econometrica 55, 1-18.
    • (1987) Econometrica , vol.55 , pp. 1-18
    • Aumann, R.J.1
  • 3
    • 0002771477 scopus 로고
    • Irrationality in game theory
    • Dasgupta, P., Gale, D., Hart, O., Maskin, E. (Eds.), MIT Press, Cambridge, MA
    • Aumann, R.J., 1992. Irrationality in game theory. In: Dasgupta, P., Gale, D., Hart, O., Maskin, E. (Eds.), Economic Analysis of Markets and Games: Essays in Honor of Frank Hahn. MIT Press, Cambridge, MA, pp. 214-227.
    • (1992) Economic Analysis of Markets and Games: Essays in Honor of Frank Hahn , pp. 214-227
    • Aumann, R.J.1
  • 4
    • 0002548374 scopus 로고
    • Backward induction and common knowledge of rationality
    • Aumann, R.J., 1995. Backward induction and common knowledge of rationality. Games Econ. Behav. 8, 6-19.
    • (1995) Games Econ. Behav. , vol.8 , pp. 6-19
    • Aumann, R.J.1
  • 5
    • 0012907156 scopus 로고    scopus 로고
    • Reply to Binmore
    • Aumann, R.J., 1996. Reply to Binmore. Games Econ. Behav. 17, 138-146.
    • (1996) Games Econ. Behav. , vol.17 , pp. 138-146
    • Aumann, R.J.1
  • 6
    • 0002141933 scopus 로고    scopus 로고
    • On die centipede game
    • Aumann, R.J., 1998. On die centipede game. Games Econ. Behav. 23, 97-105.
    • (1998) Games Econ. Behav. , vol.23 , pp. 97-105
    • Aumann, R.J.1
  • 7
    • 84974211904 scopus 로고
    • Modeling rational players II
    • Binmore, K., 1987. Modeling rational players II. Econ. Philos. 4, 179-214.
    • (1987) Econ. Philos. , vol.4 , pp. 179-214
    • Binmore, K.1
  • 8
    • 0012999930 scopus 로고    scopus 로고
    • A note on backward induction
    • Binmore, K., 1996. A note on backward induction. Games Econ. Behav. 17, 135-137.
    • (1996) Games Econ. Behav. , vol.17 , pp. 135-137
    • Binmore, K.1
  • 9
    • 0037908465 scopus 로고    scopus 로고
    • Does minimax work? An experimental study
    • Binmore, K., Swiersbinski, J., Proulx, C., 2001. Does minimax work? An experimental study. Econ. J. 111, 445-464.
    • (2001) Econ. J. , vol.111 , pp. 445-464
    • Binmore, K.1    Swiersbinski, J.2    Proulx, C.3
  • 10
    • 18644365144 scopus 로고    scopus 로고
    • Experience-weighted attraction learning in games: A unifying approach
    • Camerer, C.F., Ho, T.-H., 1999. Experience-weighted attraction learning in games: a unifying approach. Econometrica 67, 827-874.
    • (1999) Econometrica , vol.67 , pp. 827-874
    • Camerer, C.F.1    Ho, T.-H.2
  • 11
    • 0003840361 scopus 로고    scopus 로고
    • Behavioral game theory: Thinking, learning, and teaching
    • California Institute of Technology. Unpublished manuscript
    • Camerer, C.F., Ho, T.-H., Chong, J.K., 2001. Behavioral game theory: thinking, learning, and teaching. California Institute of Technology. Unpublished manuscript.
    • (2001)
    • Camerer, C.F.1    Ho, T.-H.2    Chong, J.K.3
  • 12
    • 0033270827 scopus 로고    scopus 로고
    • The effects of financial incentives in experiments: A review and capital-labor-production framework
    • Camerer, C.F., Hogarth, R.M., 1999. The effects of financial incentives in experiments: a review and capital-labor-production framework. J. Risk Uncertainty 19, 7-42.
    • (1999) J. Risk Uncertainty , vol.19 , pp. 7-42
    • Camerer, C.F.1    Hogarth, R.M.2
  • 13
    • 0012483307 scopus 로고
    • Social dilemmas
    • Dawes, R.M., 1980. Social dilemmas. Annu. Rev. Psych. 31, 169-193.
    • (1980) Annu. Rev. Psych. , vol.31 , pp. 169-193
    • Dawes, R.M.1
  • 14
    • 0038829878 scopus 로고    scopus 로고
    • Predicting how people play games: Reinforcement learning in experimental games with unique, mixed strategy equilibria
    • Erev, I., Roth, A.E., 1998. Predicting how people play games: reinforcement learning in experimental games with unique, mixed strategy equilibria. Amer. Econ. Rev. 88, 848-881.
    • (1998) Amer. Econ. Rev. , vol.88 , pp. 848-881
    • Erev, I.1    Roth, A.E.2
  • 15
    • 0001283474 scopus 로고    scopus 로고
    • Reinforcement-based vs. belief-based learning models in experimental asymmetric-information games
    • Feltovich, N., 2000. Reinforcement-based vs. belief-based learning models in experimental asymmetric-information games. Econometrica 68, 605-641.
    • (2000) Econometrica , vol.68 , pp. 605-641
    • Feltovich, N.1
  • 16
    • 0030462935 scopus 로고    scopus 로고
    • An experimental study of constant-sum centipede games
    • Fey, M., McKelvey, R.D., Palfrey, T.R., 1996. An experimental study of constant-sum centipede games. Int. J. Game Theory 25, 269-287.
    • (1996) Int. J. Game Theory , vol.25 , pp. 269-287
    • Fey, M.1    McKelvey, R.D.2    Palfrey, T.R.3
  • 17
    • 0038584682 scopus 로고
    • Consistency and cautious fictitious play
    • Fudenberg, D., Levine, D.K., 1995. Consistency and cautious fictitious play. J. Econ. Dynam. Control 23, 1605-1632.
    • (1995) J. Econ. Dynam. Control , vol.23 , pp. 1605-1632
    • Fudenberg, D.1    Levine, D.K.2
  • 19
    • 0003161771 scopus 로고
    • Games with randomly disturbed payoffs: A new rationale for mixed strategy points
    • Harsanyi, J., 1973. Games with randomly disturbed payoffs: a new rationale for mixed strategy points. Int. J. Game Theory 2, 1-23.
    • (1973) Int. J. Game Theory , vol.2 , pp. 1-23
    • Harsanyi, J.1
  • 20
    • 0034775013 scopus 로고    scopus 로고
    • Experimental practices in economics: A methodological challenge to psychologists?
    • Hertwig, R., Ortmann, A., 2001. Experimental practices in economics: a methodological challenge to psychologists? Behavioral Brain Sci. 24, 383-403.
    • (2001) Behavioral Brain Sci. , vol.24 , pp. 383-403
    • Hertwig, R.1    Ortmann, A.2
  • 21
    • 4243697140 scopus 로고    scopus 로고
    • Trust building among strangers
    • University of Pennsylvania. Unpublished manuscript
    • Ho, T.-H., Weigelt, K., 2001. Trust building among strangers. University of Pennsylvania. Unpublished manuscript.
    • (2001)
    • Ho, T.-H.1    Weigelt, K.2
  • 22
    • 0001597615 scopus 로고
    • An experimental study of the centipede game
    • McKelvey, R.D., Palfrey, T.R., 1992. An experimental study of the centipede game. Econometrica 60, 803-836.
    • (1992) Econometrica , vol.60 , pp. 803-836
    • McKelvey, R.D.1    Palfrey, T.R.2
  • 23
    • 0003087027 scopus 로고    scopus 로고
    • Quantal response equilibria for extensive form games
    • McKelvey, R.D., Palfrey, T.R., 1998. Quantal response equilibria for extensive form games. Exper. Econ. 1, 9-41.
    • (1998) Exper. Econ. , vol.1 , pp. 9-41
    • McKelvey, R.D.1    Palfrey, T.R.2
  • 24
    • 0002053554 scopus 로고
    • Learning behavior in an experimental matching pennies game
    • Mookherjee, D., Sopher, B., 1994. Learning behavior in an experimental matching pennies game. Games Econ. Behav. 7, 62-91.
    • (1994) Games Econ. Behav. , vol.7 , pp. 62-91
    • Mookherjee, D.1    Sopher, B.2
  • 25
    • 0002159270 scopus 로고    scopus 로고
    • Learning and decision costs in experimental constant sum games
    • Mookherjee, D., Sopher, B., 1997. Learning and decision costs in experimental constant sum games. Games Econ. Behav. 19, 97-132.
    • (1997) Games Econ. Behav. , vol.19 , pp. 97-132
    • Mookherjee, D.1    Sopher, B.2
  • 26
    • 0039401756 scopus 로고    scopus 로고
    • Experimental results on the centipede game in normal form: An investigation of learning
    • Nagel, R., Tang, F.F., 1998. Experimental results on the centipede game in normal form: an investigation of learning. J. Math. Psych. 42, 356-384.
    • (1998) J. Math. Psych. , vol.42 , pp. 356-384
    • Nagel, R.1    Tang, F.F.2
  • 27
    • 0038246078 scopus 로고    scopus 로고
    • Cycles of learning in the centipede game
    • Ponti, G., 2000. Cycles of learning in the centipede game. Games Econ. Behav. 30, 115-141.
    • (2000) Games Econ. Behav. , vol.30 , pp. 115-141
    • Ponti, G.1
  • 28
    • 0004120079 scopus 로고
    • Prisoner's Dilemma: A Study in Conflict and Cooperation
    • Univ. of Michigan Press, Ann Arbor, MI
    • Rapoport, A., Chammah, A.M., 1965. Prisoner's Dilemma: A Study in Conflict and Cooperation. Univ. of Michigan Press, Ann Arbor, MI.
    • (1965)
    • Rapoport, A.1    Chammah, A.M.2
  • 29
    • 0001782271 scopus 로고
    • Games of perfect information, predatory pricing and the chain-store paradox
    • Rosenthal, R.W., 1981. Games of perfect information, predatory pricing and the chain-store paradox. J. Econ. Theory 25, 92-100.
    • (1981) J. Econ. Theory , vol.25 , pp. 92-100
    • Rosenthal, R.W.1
  • 30
    • 58149324992 scopus 로고
    • Learning in extensive-form games: Experimental data and simple dynamic models in the intermediate term
    • Roth, A.E., Erev, I., 1995. Learning in extensive-form games: experimental data and simple dynamic models in the intermediate term. Games Econ. Behav. 8, 164-212.
    • (1995) Games Econ. Behav. , vol.8 , pp. 164-212
    • Roth, A.E.1    Erev, I.2
  • 31
    • 0000135041 scopus 로고    scopus 로고
    • Predicting how people play games: A simple dynamic model of choice
    • Sarin, R., Vahid, F., 2001. Predicting how people play games: a simple dynamic model of choice. Games Econ. Behav. 34, 104-122.
    • (2001) Games Econ. Behav. , vol.34 , pp. 104-122
    • Sarin, R.1    Vahid, F.2
  • 32
    • 0033482009 scopus 로고    scopus 로고
    • Evidence-based rules and learning in symmetric normal-form games
    • Stahl, D.O., 1999. Evidence-based rules and learning in symmetric normal-form games. Int. J. Game Theory 28, 111-130.
    • (1999) Int. J. Game Theory , vol.28 , pp. 111-130
    • Stahl, D.O.1
  • 33
    • 0001271980 scopus 로고    scopus 로고
    • Rule learning in symmetric normal-form games: Theory and evidence
    • Stahl, D.O., 2000. Rule learning in symmetric normal-form games: theory and evidence. Games Econ. Behav. 32, 105-138.
    • (2000) Games Econ. Behav. , vol.32 , pp. 105-138
    • Stahl, D.O.1
  • 34
    • 0001315491 scopus 로고    scopus 로고
    • A payoff uncertainty explanation of results in experimental centipede games
    • Zauner, K.G., 1999. A payoff uncertainty explanation of results in experimental centipede games. Games Econ. Behav. 26, 157-185.
    • (1999) Games Econ. Behav. , vol.26 , pp. 157-185
    • Zauner, K.G.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.