Two “little treasure games” driven by unconditional regret
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  • 关键词:D8 ; C7 ; D7
  • 刊名:Economics Letters
  • 出版年:2017
  • 出版时间:January 2017
  • 年:2017
  • 卷:150
  • 期:Complete
  • 页码:99-103
  • 全文大小:1744 K
  • 卷排序:150
文摘
For repeated Traveler’s Dilemma and Minimum Effort Coordination games the short-run dynamics of expected actions can be predicted by unconditional regret matching procedure. The unconditional regret matching with bounded memory can speed up the convergence to the long-run equilibrium. The example of Pareto improving Coarse Correlated Equilibrium for Traveler’s Dilemma game is provided.
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