Stationary Concepts for Experimental 2x2-Games

S-Tier
Journal: American Economic Review
Year: 2008
Volume: 98
Issue: 3
Pages: 938-66

Authors (2)

Reinhard Selten Thorsten Chmura (not in RePEc)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

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

Abstract

Five stationary concepts for completely mixed 2 x 2-games are experimentally compared: Nash equilibrium, quantal response equilibrium, action-sampling equilibrium, payoff-sampling equilibrium (Martin J. Osborne and Ariel Rubinstein 1998), and impulse balance equilibrium. Experiments on 12 games, 6 constant sum games, and 6 nonconstant sum games were run with 12 independent subject groups for each constant sum game and 6 independent subject groups for each nonconstant sum game. Each independent subject group consisted of four players 1 and four players 2, interacting anonymously over 200 periods with random matching. The comparison of the

Technical Details

RePEc Handle
repec:aea:aecrev:v:98:y:2008:i:3:p:938-66
Journal Field
General
Author Count
2
Added to Database
2026-01-25