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dc.contributor.authorGALLICE, Andrea
dc.date.accessioned2006-06-29T08:31:30Z
dc.date.available2006-06-29T08:31:30Z
dc.date.issued2006
dc.identifier.urihttp://hdl.handle.net/1814/6076
dc.description.abstractWe present a simple procedure that selects the strategies most likely to be played by inexperienced agents who interact in one shot 2x2 matching pennies games. As a first step we axiomatically describe players' beliefs. We find the minimax regret criterion to be the simplest functional form that satisfies all the axioms. Then we hypothesize players act as if they were best responding to the belief their opponent plays accordino to minimax regret. When compared with existing experimental evidences about one shot matching pennies games, the procedure correctly indicates the choices of around 80% of the players. Applications to other classes of games are also exploreden
dc.format.extent24064 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.relation.ispartofseriesFEEM Working Papersen
dc.relation.ispartofseries31/2006en
dc.rightsinfo:eu-repo/semantics/openAccess
dc.titlePredicting one Shot Play in 2x2 Games Using Beliefs Based on Minimax Regreten
dc.typeWorking Paperen
dc.neeo.contributorGALLICE|Andrea|aut|
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