Rage against the machines: how subjects learn to play against computers

Peter Dürsch, Albert Kolb, Jörg Oechssler and Burkhard Schipper

No 05-36, Papers from Sonderforschungsbreich 504

Abstract: We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those algorithms to their advantage in a forward-looking way (strategic teaching). We find that strategic teaching occurs frequently and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was conducted, both, on the internet and in the usual laboratory setting. We find some systematic differences, which however can be traced to the different incentives structures rather than the experimental environment.

Keywords: learning; fictitious play; imitation; reinforcement; trial & error; strategic teaching; Cournot duopoly; experiments; internet (search for similar items in EconPapers)
JEL-codes: C72 C91 C92 D43 L13 (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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https://madoc.bib.uni-mannheim.de/2625/1/dp05_36.pdf

Related works:
Working Paper: Rage Against the Machines: How Subjects Learn to Play Against Computers (2005)
Working Paper: Rage Against the Machines: How Subjects Learn to Play Against Computers (2005)
Working Paper: Rage Against the Machines: How Subjects Learn to Play Against Computers (2005)
Working Paper: Rage Against the Machines - How Subjects Learn to Play Against Computers (2005)
Working Paper: Rage Against the Machines: How Subjects Learn to Play Against Computers (2005)
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