Equilibrium selection in the stag hunt game under generalized reinforcement learning

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2017
Volume: 138
Issue: C
Pages: 63-68

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We apply the generalized reinforcement (GR) learning protocol to the stag hunt game. GR learning combines positive and negative reinforcement. The GR learning rule generates the GR dynamic, which governs the evolution of the mixed strategy of agents in the population. We identify conditions under which the GR dynamic converges globally to one of the two pure strategy Nash equilibria of the game.

Technical Details

RePEc Handle
repec:eee:jeborg:v:138:y:2017:i:c:p:63-68
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25