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Learning to play 3x3 games: neural networks as bounded-rational players

[Zeitschriftenartikel]

Sgroi, Daniel
Zizzo, Daniel John

Abstract

"We present a neural network methodology for learning game-playing rules in general. Existing research suggests learning to find a Nash equilibrium in a new game is too difficult a task for a neural network, but says little about what it will do instead. We observe that a neural network trained to f... mehr

"We present a neural network methodology for learning game-playing rules in general. Existing research suggests learning to find a Nash equilibrium in a new game is too difficult a task for a neural network, but says little about what it will do instead. We observe that a neural network trained to find Nash equilibria in a known subset of games will use self-taught rules developed endogenously when facing new games. These rules are close to payoff dominance and its best response. Our findings are consistent with existing experimental results, both in terms of subject's methodology and success rates." [author's abstract]... weniger

Klassifikation
Wirtschaftswissenschaften
Erhebungstechniken und Analysetechniken der Sozialwissenschaften

Freie Schlagwörter
neural networks; normal-form games; bounded rationality

Sprache Dokument
Englisch

Publikationsjahr
2008

Seitenangabe
S. 27-38

Zeitschriftentitel
Journal of Economic Behavior & Organization, 69 (2008) 1

DOI
https://doi.org/10.1016/j.jebo.2008.09.008

Status
Postprint; begutachtet (peer reviewed)

Lizenz
PEER Licence Agreement (applicable only to documents from PEER project)


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© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.