Home Studia Psychologica 2012 Studia Psychologica Vol.54, No.2, p.143-156, 2012

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Studia Psychologica Vol.54, No.2, p.143-156, 2012

Title: EFFECT OF LEARNING IN THE PRISONER’S DILEMMA GAME
Author: Štěpán VESELÝ

Abstract: The task of the experimental study reported here is to examine the existence of an effect of learning when initial and further encounters (i.e., iterated games) with undisclosed predetermined strategies are compared. This is one of the first systematic empirical studies of inter-game learning in the Prisoner’s Dilemma game. Effect of learning in terms of higher gains in repeated encounters was found for the whole set of five strategies taken together (Tit for Tat, Deterrent, Bully, Benevolent and Random), and individually for three of the strategies employed (Tit for Tat, Deterrent, and Bully). We also tested whether there was an effect of learning both in women and in men as a group. 45 subjects (18 males, 27 females) participated in the study, each subject played 15 iterated games of at least 30-trial duration.

Keywords: Prisoner’s Dilemma, decision-making, learning, theory of games, experiment
Year: 2012, Volume: 54, Issue: 2 Page From: 143, Page To: 156

Price: 7.00 €






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