Title :
A data analysis of equilibrium selection
Author :
Kita, Hideyuki ; TANIMOTO, Keishi
Author_Institution :
Dept. of Social Syst. Eng., Tottori Univ., Japan
Abstract :
A commonly accepted criterion of equilibrium selection has not been established. This situation exists because we do not have sufficient information about what sort of equilibrium is selected in real games. In this experimental study, we investigate a set of games and estimate the selected equilibrium of each game by using an estimation model of equilibrium selection. Through the analysis, a criterion that rules these games in the experiments is identified, and the usefulness of the approach is demonstrated.
Keywords :
behavioural sciences; estimation theory; game theory; coordination game; criterion; data analysis; equilibrium selection; estimation model; inverse analysis; real games; risk-dominance; Data analysis; Decision making; Equations; Game theory; Identity-based encryption; Nash equilibrium; Sliding mode control; Systems engineering and theory;
Conference_Titel :
Systems, Man and Cybernetics, 2002 IEEE International Conference on
Print_ISBN :
0-7803-7437-1
DOI :
10.1109/ICSMC.2002.1175663