EconPapers    
Economics at your fingertips  
 

An Extended Reinforcement Algorithm for Estimation of Human Behaviour in Congestion Games

Thorsten Chmura () and Thomas Pitz

Bonn Econ Discussion Papers from University of Bonn, Germany

Abstract: The paper reports simulations applied on two similar congestion games: the first is the classical minority game. The second one is a asymmetric variation of the minority game with linear payoff functions. For each game simulation results based on an extended reinforcement algorithm are compared with real experimental statistics. It is shown that the extension of the reinforcement model is essential for fitting the experimental data and estimating the players behaviour.

Keywords: congestion game; minority game; laboratory experiments; reinforcement algorithm; payoff sum model (search for similar items in EconPapers)
JEL-codes: C91 C92 C15 R4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe, nep-evo, nep-exp and nep-gth
Date: 2004-12
View list of references View citations in EconPapers

Downloads: (external link)
ftp://web.bgse.uni-bonn.de/pub/RePEc/bon/bonedp/bgse24_2004.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:bon:bonedp:bgse24_2004

Access Statistics for this paper

More papers in Bonn Econ Discussion Papers from University of Bonn, Germany
Address: Bonn Graduate School of Economics, University of Bonn, Adenauerallee 24 - 26, 53113 Bonn, Germany
Series data maintained by Daniel Park ().

 
Page updated 2009-11-23
Handle: RePEc:bon:bonedp:bgse24_2004