We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …

The results of Ultimatum Game experiments are often quoted as evidence for the role of fairness in bargaining or in … experiment shows that average behaviour is more competitive and conflict rates are higher when subjects play against the same … of pairs of players shows that different types of players coexist in the subject pool. Whereas previous experiments found …

We conduct experiments of a cheap-talk game with incomplete information in which one sender type has an incentive to … misrepresent her type. Although that Sender type mostly lies in the experiments, the Receiver tends to believe the Sender …

experiments. These automata play against each other in computer tournaments. The risk neutral subgame perfect Nash equilibrium …

that the stylized fact of declining cooperation in repeated public goods experiments results from this bias and adaptation. …

rather classical economic institution: competition. In a series of laboratory experiments, we reveal that the true reason for …

game of mutual fate control, while earlier psychologists' experiments show some tendency to convergence. Our rivalling … learning rule, a modification of win-stay lose-change, does predict convergence. We perform an experiment using modern economic …