stratEst: a software package for strategy frequency estimation
Dvorak, F. (forthcoming). stratEst: a software package for strategy frequency estimation. Journal of the Economic Science Association.
15 Pages Posted: 25 Aug 2020 Last revised: 7 Aug 2023
Date Written: July 25, 2023
Abstract
stratEst is a software package for strategy frequency estimation in the freely available statistical computing environment R (R Development Core Team, 2022). The package aims at minimizing the start-up costs of running the modern strategy frequency estimation techniques used in experimental economics. Strategy frequency estimation (Stahl & Wilson, 1994, 1995) models the choices of participants in an economic experiment as a finite mixture of individual decision strategies. The parameters of the model describe the associated behavior of each strategy and its frequency in the data. stratEst provides a convenient and flexible framework for strategy frequency estimation, allowing the user to customize, store and reuse sets of candidate strategies. The package includes useful functions for data processing and simulation, strategy programming, model estimation, parameter testing, model checking, and model selection.
Keywords: strategy frequency estimation, software, repeated games
JEL Classification: C72, C87, C90
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