Arbeitspapier

An Extended Reinforcement Algorithm for Estimation of Human Behaviour in Congestion Games

The paper reports simulations applied on two similar congestion games: the first is the classical minority game. The second one is a asymmetric variation of the minority game with linear payoff functions. For each game simulation results based on an extended reinforcement algorithm are compared with real experimental statistics. It is shown that the extension of the reinforcement model is essential for fitting the experimental data and estimating the players behaviour.

Sprache
Englisch

Erschienen in
Series: Bonn Econ Discussion Papers ; No. 24/2004

Klassifikation
Wirtschaft
Design of Experiments: Laboratory, Individual
Design of Experiments: Laboratory, Group Behavior
Statistical Simulation Methods: General
Thema
congestion game
minority game
laboratory experiments
reinforcement algorithm
payoff sum model

Ereignis
Geistige Schöpfung
(wer)
Chmura, Thorsten
Pitz, Thomas
Ereignis
Veröffentlichung
(wer)
University of Bonn, Bonn Graduate School of Economics (BGSE)
(wo)
Bonn
(wann)
2004

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Chmura, Thorsten
  • Pitz, Thomas
  • University of Bonn, Bonn Graduate School of Economics (BGSE)

Entstanden

  • 2004

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