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The Ghost in the Machine: Inferring Machine-Based Strategies from Observed Behavior

Jim Engle-Warnick (), William McCausland () and John H. Miller

Cahiers de recherche from Universite de Montreal, Departement de sciences economiques

Abstract: We introduce a procedure to infer the repeated-game strategies that generate actions in experimental choice data. We apply the technique to set of experiments where human subjects play a repeated Prisoner's Dilemma. The technique suggests that two types of strategies underly the data.

Keywords: strategy inference; Bayesian methods; exrimental economics; Prisoner's Dilemma; reated games (search for similar items in EconPapers)
JEL-codes: C11 C15 C72 C73 C92 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2004
New Economics Papers: this item is included in nep-evo and nep-exp
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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http://hdl.handle.net/1866/526 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:mtl:montde:2004-11

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