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In minority games, players in a group must decide at each round which of two available options to choose, knowing that only subjects who picked the minority option obtain a positive reward. Previous experiments on the minority and similar congestion games have shown that players interacting...
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investigate the role of cognition in such games and compare it with the role of cognition in spatial matching games. In our setup … cognition matters because agents may be differentially aware of the dispersion opportunities that are created by the history of …
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Many social networks have the following properties: (i) a short average distance between any two individuals; (ii) a high clustering coefficient; (iii) segregation patterns; the presence of (iv) brokers and (v) hubs. (i) and (ii) define a small world network. This paper develops a strategic...
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