How does experience influence game reasoning?: a survey for repeated prisoner’s dilemma

Fang, Tong (2023) How does experience influence game reasoning?: a survey for repeated prisoner’s dilemma. MRes thesis, University of Nottingham.

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This dissertation reviews past literature on belief updating/belief-based learning and sophistication (reasoning), links the two models with recent experimental findings in repeated prisoner’s dilemma, supergame strategies, attention and incentives, and tries to answer how these two models interact with each other with experience. These two models have good performance in explaining part of the repeated games separately but fail to a smooth and united explanation. By re-examining the literature from the perspective of the information source to generate different types of belief, elements of two models can be reconciled into one. Recent new findings in attention and incentives also contribute to the evolution of sophistication, which was not captured by the sophistication models. This helps to examine sophistication models in a dynamic way and makes both models comparable from the dynamic point of view.

Item Type: Thesis (University of Nottingham only) (MRes)
Supervisors: Possajennikov, Alex
Tufano, Fabio
Keywords: Prisoner's dilemma game; Reasoning; Belief change; Incentive (Psychology)
Subjects: H Social sciences > HB Economic theory
Faculties/Schools: UK Campuses > Faculty of Social Sciences, Law and Education > School of Economics
Item ID: 72101
Depositing User: Fang, Tong
Date Deposited: 31 Jul 2023 04:40
Last Modified: 31 Jul 2023 04:40

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