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Applied Micro Workshop – Nagore Iriberri, “Naïveté and Sophistication in Initial and Repeated Play in Games”

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Bernardo García-Pola and Nagore Iriberri: “Naïveté and Sophistication in Initial and Repeated Play in Games” Naïve, non-equilibrium, behavioral rules, compared to more sophisticated equilibrium theory, are often better in describing individuals’ initial play in games. Additionally, in repeated play in games, when individuals have the opportunity to learn about their opponents’ past behavior, learning models of different sophistication levels are successful in explaining how individuals modify their behavior in response to feedback. How do subjects following different behavioral rules in initial play modify their behavior after learning about past behavior? This study links both initial and repeated play in games, analyzing elicited behavior in 3 × 3 normal-form games using a within-subject laboratory design. We classify individuals into different behavioral rules in both initial and repeated play and test whether and/or how naïveté and sophistication in initial play correlates with naïveté and sophistication in repeated play. We find no evidence for a correlation between naïveté and sophistication in initial and repeated play.

Event details
What
  • Presentation
When Apr 07, 2020
from 16:00 to 17:30
Where briq, Seminar Room 9/1.1, Schaumburg-Lippe-Straße 9
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