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    • SCIENTIFIC PRODUCTION
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    • Dpto. Organización de Empresas y Comercialización e Investigación de Mercados
    • DEP53 - Artículos de revista
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    • DEP53 - Artículos de revista
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    Por favor, use este identificador para citar o enlazar este ítem:http://uvadoc.uva.es/handle/10324/45245

    Título
    Best experienced payoff dynamics and cooperation in the centipede game
    Autor
    Sandholm, William H.
    Izquierdo Millán, Segismundo SamuelAutoridad UVA Orcid
    Izquierdo Millán, Luis R.
    Año del Documento
    2019
    Editorial
    The Econometric Society
    Descripción
    Producción Científica
    Documento Fuente
    Theoretical Economics 14 (2019), 1347–1385
    Abstract
    We study population game dynamics under which each revising agent tests each of his strategies a fixed number of times, with each play of each strategy being against a newly drawn opponent, and chooses the strategy whose total payoff was highest. In the centipede game, these best experienced payoff dynamics lead to cooperative play. When strategies are tested once, play at the almost globally stable state is concentrated on the last few nodes of the game, with the proportions of agents playing each strategy being largely independent of the length of the game. Testing strategies many times leads to cyclical play.
    ISSN
    1933-6837
    Revisión por pares
    SI
    DOI
    10.3982/TE3565
    Patrocinador
    FEDER/Ministerio de Ciencia, Innovación y Universidades – Agencia Estatal de Investigación/ _Proyecto ECO2017-83147- C2-2-P.
    U.S. National Science Foundation (Grants SES-1458992 and SES1728853)
    U.S. Army Research Office (Grants W911NF-17-1-0134 MSN201957)
    Ministerio de Educación, Cultura, y Deporte (Grants PRX15/00362 and PRX16/00048)
    Version del Editor
    https://econtheory.org/ojs/index.php/te/article/viewFile/20191347/25677/736
    Idioma
    eng
    URI
    http://uvadoc.uva.es/handle/10324/45245
    Tipo de versión
    info:eu-repo/semantics/publishedVersion
    Derechos
    openAccess
    Collections
    • DEP53 - Artículos de revista [98]
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    Izquierdo 2019 Theoretical Economics.pdf
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