Shachat, Jason; Swarthout, J. Todd; Wei, Lijia - Wang Yanan Institute for Studies in Economics (WISE), … - 2011
the unprofitable game. We estimate the heterogeneity and dynamics of the subjects’ latent mixed strategy sequences via a … limiting distribution over strategies. The mixed strategy Nash equilibrium is not self-enforcing except when it coincides with … the equal probability mixed strategy, and there is surprising amounts of pure strategy play and clear cycling between the …