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Adolescents, cognitive ability, and minimax play

Sen Geng, Yujia Peng, Jason Shachat and Huizhen Zhong

Economics Letters, 2015, vol. 128, issue C, 54-58

Abstract: We conduct experiments with adolescent participants on repeated fixed play in three different zero-sum games which have mixed strategy minimax solutions. Further, we collect subject information on cognitive abilities and participation rates in competitive activities. We find the adolescents’ correspondences with and deviations from minimax play largely consistent with previously and widely studied adult populations. Further, we find strategic sophistication in terms of implementation of the mixed minimax strategy as well as earnings are not correlated with cognitive ability or experience in competitive situations.

Keywords: Minimax; Experiment; Adolescent; Cognitive abilities (search for similar items in EconPapers)
JEL-codes: C72 C93 D03 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:128:y:2015:i:c:p:54-58

DOI: 10.1016/j.econlet.2015.01.007

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