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reported in the media. In a controlled and incentivized experiment, we investigate how observers rate different types of …
Persistent link: https://www.econbiz.de/10012503837
In this article, we investigate the relative performance of artificial neural networks and structural models of decision theory by training 69 artificial intelligence models on a dataset of 7080 human decisions in extensive form games. The objective is to compare the predictive power of AIs that...
Persistent link: https://www.econbiz.de/10014480871
Game theory includes a rich source of methods for analysing strategic interactions where there are a small number of agents, each having only a few choices. In more complex settings though, where there are many choices over indefinite time horizons involving large social groups, these methods...
Persistent link: https://www.econbiz.de/10013367752
Ethics is a field in which the gap between words and actions looms large. Game theory and the empirical methods it inspires look at behavior instead of the lip service people sometimes pay to norms. We believe that this special issue comprises several illustrations of the fruitful application of...
Persistent link: https://www.econbiz.de/10011849246
Algorithms for equilibrium computation generally make no attempt to ensure that the computed strategies are understandable by humans. For instance the strategies for the strongest poker agents are represented as massive binary files. In many situations, we would like to compute strategies that...
Persistent link: https://www.econbiz.de/10011771259
validate this method, and experiment results demonstrate the sampling robustness and thereby the model out …
Persistent link: https://www.econbiz.de/10014420298
There are many competing game-theoretic analyses of terrorism. Most of these models suggest nonlinear relationships between terror attacks and some variable of interest. However, to date, there have been very few attempts to empirically sift between competing models of terrorism or identify...
Persistent link: https://www.econbiz.de/10012591410
Consumers increasingly care about firms’ ethical conduct (e.g., labor and environmental practices) when making their consumption choices. This note presents a simple framework to highlight the possibility that this development may induce a less desirable production technology choice and bring...
Persistent link: https://www.econbiz.de/10011771135
We use experimental methods to investigate whether pledges of commitment can improve cooperation in endogenously-formed partnerships facing a social dilemma. Treatments vary in terms of the individual's: (1) opportunity to commit to their partner; (2) the cost of dissolving committed...
Persistent link: https://www.econbiz.de/10011453248
starting network. To study factors affecting equilibrium selection, we designed a network formation experiment with multiple …
Persistent link: https://www.econbiz.de/10012014878