Learning to play 3×3 games: Neural networks as bounded-rational players

Daniel Sgroi and Daniel Zizzo

Journal of Economic Behavior & Organization, 2009, vol. 69, issue 1, 27-38

Abstract: We present a neural network methodology for learning game-playing rules in general. Existing research suggests learning to find a Nash equilibrium in a new game is too difficult a task for a neural network, but says little about what it will do instead. We observe that a neural network trained to find Nash equilibria in a known subset of games will use self-taught rules developed endogenously when facing new games. These rules are close to payoff dominance and its best response. Our findings are consistent with existing experimental results, both in terms of subject's methodology and success rates.

Keywords: Neural; networks; Normal-form; games; Bounded; rationality (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:69:y:2009:i:1:p:27-38

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