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Human Strategic Decision Making in Parametrized Games

Sam Ganzfried
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Sam Ganzfried: Ganzfried Research, Miami Beach, FL 33139, USA

Mathematics, 2022, vol. 10, issue 7, 1-23

Abstract: Many real-world games contain parameters which can affect payoffs, action spaces, and information states. For fixed values of the parameters, the game can be solved using standard algorithms. However, in many settings agents must act without knowing the values of the parameters that will be encountered in advance. Often the decisions must be made by a human under time and resource constraints, and it is unrealistic to assume that a human can solve the game in real time. We present a new framework that enables human decision makers to make fast decisions without the aid of real-time solvers. We demonstrate applicability to a variety of situations including settings with multiple players and imperfect information.

Keywords: game theory; interpretable AI; parametrized game; imperfect information (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2022
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