A Choice Prediction Competition for Social Preferences in Simple Extensive Form Games: An Introduction

DSpace/Manakin Repository

A Choice Prediction Competition for Social Preferences in Simple Extensive Form Games: An Introduction

Citable link to this page

 

 
Title: A Choice Prediction Competition for Social Preferences in Simple Extensive Form Games: An Introduction
Author: Ert, Eyal; Erev, Ido; Roth, Alvin E.

Note: Order does not necessarily reflect citation order of authors.

Citation: Ert, Eyal, Ido Erev, and Alvin E. Roth. 2011. “A Choice Prediction Competition for Social Preferences in Simple Extensive Form Games: An Introduction.” Games 2 (4) (July 25): 257–276. doi:10.3390/g2030257.
Full Text & Related Files:
Abstract: Two independent, but related, choice prediction competitions are organized that focus on behavior in simple two-person extensive form games http://sites.google.com/site/extformpredcomp/): one focuses on predicting the choices of the first mover and the other on predicting the choices of the second mover. The competitions are based on an estimation experiment and a competition experiment. The two experiments use the same methods and subject pool, and examine games randomly selected from the same distribution. The current introductory paper presents the results of the estimation experiment, and clarifies the descriptive value of some baseline models. The best baseline model assumes that each choice is made based on one of several rules. The rules include: rational choice, level-1 reasoning, an attempt to maximize joint payoff, and an attempt to increase fairness. The probability of using the different rules is assumed to be stable over games. The estimated parameters imply that the most popular rule is rational choice; it is used in about half the cases. To participate in the competitions, researchers are asked to email the organizers models (implemented in computer programs) that read the incentive structure as input, and derive the predicted behavior as an output. The submission deadline is 1 December 2011, the results of the competition experiment will not be revealed until that date. The submitted models will be ranked based on their prediction error. The winners of the competitions will be invited to write a paper that describes their model.
Published Version: 10.3390/g2030257
Other Sources: http://departments.agri.huji.ac.il/economics/teachers/ert_eyal/Games%20social%20pref%20comp2011.pdf
Terms of Use: This article is made available under the terms and conditions applicable to Other Posted Material, as set forth at http://nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of-use#LAA
Citable link to this page: http://nrs.harvard.edu/urn-3:HUL.InstRepos:32067416
Downloads of this work:

Show full Dublin Core record

This item appears in the following Collection(s)

 
 

Search DASH


Advanced Search
 
 

Submitters