Make humans randomize
| Type of Publication: | Working Paper/Technical Report |
| URI (citable link): | http://nbn-resolving.de/urn:nbn:de:bsz:352-253253 |
| Author: | Bruttel, Lisa; Friehe, Tim |
| Year of publication: | 2013 |
| Series: | Research paper series / Thurgauer Wirtschaftsinstitut ; 83 |
| Summary: |
This paper presents results from an experiment studying a two-person 4x4 pure coordination game. We seek to identify a labeling of actions that induces subjects to select all options with the same probability. Such a display of actions must be free from salient properties that might be used by participants to coordinate. Testing 23 different sets of labels, we identify two sets that produce a distribution of subjects’ choices which approximate the uniform distribution quite well. Our design can be used in studies intending to compare the behavior of subjects who play against a random mechanism with that of participants who play against human counterparts.
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| JEL Classification: | C71, C92, D83 |
| Subject (DDC): | 330 Economics |
| Keywords: | coordination game, experiment, mixed strategy, level k |
| Link to License: | In Copyright |
| Bibliography of Konstanz: | Yes |
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BRUTTEL, Lisa, Tim FRIEHE, 2013. Make humans randomize
@techreport{Bruttel2013human-25325, series={Research paper series / Thurgauer Wirtschaftsinstitut}, title={Make humans randomize}, year={2013}, number={83}, author={Bruttel, Lisa and Friehe, Tim} }
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