English, Article, Journal or magazine article edition: Voting cycles when a dominant point exists Vjollca Sadiraj; Jan Tuinstra; Frans van Winden

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Bookmark: http://trove.nla.gov.au/version/195241
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Voting cycles when a dominant point exists
Author
  • Vjollca Sadiraj
  • Jan Tuinstra
  • Frans van Winden
Physical Description
  • preprint
Notes
  • We conduct experiments in which humans repeatedly play one of two games against a computer decision maker that follows either a reinforcement learning or an Experience Weighted Attraction algorithm. Our experiments show these learning algorithms more sensitively detect exploitable opportunities than humans. Also, learning algorithms respond to detected payoff increasing opportunities systematically; however, the responses are too weak to improve the algorithms payoffs. Human play against various decision maker types doesn't significantly vary. These factors lead to a strong linear relationship between the humans and algorithms action choice proportions that is suggestive of the algorithm's best response correspondence.
  • RePEc:exc:wpaper:2006-16
Language
  • English
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