Abstract

http://ssrn.com/abstract=1841571
 
 

Citations



 


 



Learning Games


Nobuyuki Hanaki


Aix-Marseille University (Aix-Marseille School of Economics), CNRS & EHESS

Ryuichiro Ishikawa


University of Tsukuba - Faculty of Engineering, Information and Systems

Eizo Akiyama


University of Tsukuba - Department of Social Systems and Management

May, 14 2011

Journal of Economic Dynamics and Control, Vol. 33, No. 10, 2009

Abstract:     
This paper presents a model of learning about a game. Players initially have little knowledge about the game. Through playing the same game repeatedly, each player not only learns which action to choose but also constructs a personal view of the game. The model is studied using a hybrid payoff matrix of the prisoner’s dilemma and coordination games. Results of computer simulations show that (1) when all the players are slow at learning the game, they have only a partial understanding of the game, but might enjoy higher payoffs than in cases with full or no understanding of the game; (2) when one player is quick in learning the game, that player obtains a higher payoff than the others. However, all can receive lower payoffs than in the case in which all players are slow learners.

Keywords: Learning, Subjective views, Computer simulation

JEL Classification: C72, D83

Accepted Paper Series





Not Available For Download

Date posted: November 5, 2011  

Suggested Citation

Hanaki, Nobuyuki and Ishikawa, Ryuichiro and Akiyama, Eizo, Learning Games (May, 14 2011). Journal of Economic Dynamics and Control, Vol. 33, No. 10, 2009. Available at SSRN: http://ssrn.com/abstract=1841571

Contact Information

Nobuyuki Hanaki (Contact Author)
Aix-Marseille University (Aix-Marseille School of Economics), CNRS & EHESS ( email )
GREQAM
3 Ave Robert Schuman
Aix-en-Provence, 13628
France
Ryuichiro Ishikawa
University of Tsukuba - Faculty of Engineering, Information and Systems ( email )
Tsukuba, Ibaraki 305-8573
Japan
+81-29-853-5072 (Phone)
+81-29-853-5070 (Fax)
HOME PAGE: http://infoshako.sk.tsukuba.ac.jp/~ishikawa/indexe.html
Eizo Akiyama
University of Tsukuba - Department of Social Systems and Management ( email )
Japan
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