Evolution of Smartn Players
Evolution of Smartn Players
复制标题
Smartn 播放器的演变
DOI:
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发表时间:
1993
期刊:
影响因子:
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通讯作者:
D. Stahl
中科院分区:
文献类型:
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作者:
D. Stahl
Abstract To model the evolution of strategic intelligence, player types are drawn from a hierarchy of "smartness" analogous to the levels of iterated rationalizability. Nonrationalizable strategies die out, but when higher levels of smartness incur maintenance costs, being right is always as good as being smart. Moreover, if a manifest way to play emerges, then dumb players never die out, while smarter players with positive maintenance costs vanish. These results call to question the standard game-theoretic assumption of super-intelligent players. Journal of Economic Literature Classification Numbers: B40, C70, C72, C73.