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Please use this identifier to cite or link to this item: http://hdl.handle.net/2241/103811

Title: Learning Games
Authors: Hanaki, Nobuyuki
Ishikawa, Ryuichiro
Akiyama, Eizo
花木, 伸行
石川, 竜一郎
秋山, 英三
Issue Date: Oct-2009
Publisher: ElsevierB.V.
Journal Title: Journal of economic dynamics & control
Volume: 33
Issue: 10
Start Page: 1739
End Page: 1756
DOI: 10.1016/j.jedc.2009.02.013
Abstract: This paper presents a model of learning about a game. Players initially have little knowledge about the game. Through playing the same game repeatedly, each player not only learns which action to choose but also constructs a personal view of the game. The model is studied using a hybrid payoff matrix of the prisoner’s dilemma and coordination games. Results of computer simulations show that (1) when all the players are slow at learning the game, they have only a partial understanding of the game, but might enjoy higher payoffs than in cases with full or no understanding of the game; (2) when one player is quick in learning the game, that player obtains a higher payoff than the others. However, all can receive lower payoffs than in the case in which all players are slow learners.
URI: http://hdl.handle.net/2241/103811
Rights: © 2009ElsevierB.V.
Text Version: author
Appears in Collections:石川 竜一郎 (Ishikawa Ryuichiro)
Journal of economic dynamics & control
花木 伸行 (HANAKI Nobuyuki)
秋山 英三 (Akiyama Eizo)

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