Incorporating Fairness in Generalized Games of Matching Pennies
نویسندگان
چکیده
We examine individual behavior in generalized games of matching pennies. Our findings are twofold. First, individuals cooperate in these games; i.e., they systematically select strategies that lead both players to obtain higher expected payoffs than Nash. Second, among the main models in the extant literature (some of which were explicitly designed to induce cooperative behavior) the only one that predicts the observed behavior is the quantal response equilibrium.
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تاریخ انتشار 2006