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

[journal article]

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... view more

"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]... view less

Classification
Economics
Methods and Techniques of Data Collection and Data Analysis, Statistical Methods, Computer Methods

Free Keywords
neural networks; normal-form games; bounded rationality

Document language
English

Publication Year
2008

Page/Pages
p. 27-38

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

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

Status
Postprint; peer reviewed

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


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Home  |  Legal notices  |  Operational concept  |  Privacy policy
© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.