Learning to Play Nash Equilibrium: An Experimental Research Program
Learning to Play Nash Equilibrium: An Experimental Research Program
批准号:
9311455
负责人:
James Cox
金额:
$18.85万
依托单位:
依托单位国家:
美国
项目类别:
Continuing Grant
财政年份:
1993
资助国家:
美国
项目状态:
已结题
起止时间:
1993-07-15 至 1996-06-30
中文摘要
9311455考克斯 纳什均衡(Nash equilibrium,NE)的概念已经成为博弈论和现代经济学的核心。 它被用来理解和预测广泛的经济现象。 NE实际上是一个相当有说服力的想法:每个人都没有动机采取不同于NE指定他将采取的行动,只要他相信其他参与者实际上会选择NE为他们指定的行动。 但东北概念的说服力取决于 游戏中的每个玩家都对其他玩家的行为有正确的信念。 最近的几篇论文已经开发出了一些模型,在这些模型中,玩家通过重复玩一个游戏来学习如何玩NE --他们学习如何拥有相互正确的信念。 本建议描述了一个实验研究计划,旨在检查和测试一些最近的理论工作。 实验研究的一个重点是确定人们是否普遍学会演奏某些NE而不是其他NE。 因此,这项研究将有可能支持和完善NE的使用。 例如,它将提供一个基础,以确定一个经济制度(无论是现有的制度,还是新设计的经济问题解决方案)是否产生了理想的结果。当一个机构经常出现多个纳什均衡时,其中一些是社会期望的,一些不是,这项研究将有助于确定人们是否学会扮演理想的结果或不理想的结果。 ***
英文摘要
9311455 Cox The concept of Nash equilibrium (NE) has become central to game theory and to much of modern economics. It is used to understand and predict a broad range of economic phenomena. NE is in fact a rather persuasive idea: Each individual has no incentive to act differently than the NE specifies he will, so long as he believes that the other participants will actually choose the actions the NE specifies for them. But the cogency of the NE concept depends upon each player in a game having correct beliefs about what the other players will do. Several recent papers have developed models in which players learn to play NE -- they learn to have mutually correct beliefs -- through repeated play of a game. This proposal describes a program of experimental research designed to examine and test some of this recent theoretical work. One focus of the experimental research will be to determine whether people generally learn to play some NE but not others. The research will therefore potentially both support and refine the use of NE. It will provide a foundation, for example, for determining whether an economic institution (either an existing institution, or a newly devised solution to an economic problem) produces desirable outcomes. When as often happens, an institution has multiple Nash equilibria, some of them socially desirable and some not, this research will help to determine whether people learn to play the desirable outcomes or the undesirable ones. ***
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资助金额:$90.0万
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财政年份:2005
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Doctoral Dissertation: Testing the New Keynesian Synthesis: An Experimental Examination of Nominal Price Frictions in a Model with Endogenous Costs and Efficiency Wages
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Auctions with Entry/Exit Decisions
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Purchase of an NMR Spectrometer
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依托单位:
海外基金