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.

Language
Englisch

Bibliographic citation
Series: Bonn Econ Discussion Papers ; No. 24/2004

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

Event
Geistige Schöpfung
(who)
Chmura, Thorsten
Pitz, Thomas
Event
Veröffentlichung
(who)
University of Bonn, Bonn Graduate School of Economics (BGSE)
(where)
Bonn
(when)
2004

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

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

Time of origin

  • 2004

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