How to Play 3x3 Games: A Strategy Method Experiment

R. Selten, K. Abbink, J. Buchta, A. Sadrieh

Research output: Working paperDiscussion paperOther research output

327 Downloads (Pure)

Abstract

Using the strategy method (Selten 1967) we elicit subjects' strategies for playing any 2-person 3x3-game with integer payoffs between 0 and 99.In each of 5 tournaments, every strategy pair plays 500000 games.The frequency of pure strategy equilibrium play increases from 51% in the first to 74% in the last tournament, with the equilibria that maximize joint payoff being preferred when multiple exist.For games without pure equilibria, strategies are typically based on elements of the best-reply cascade: MAP (maximize the expected payoff against uniformly randomizing opponents), BR-MAP (best reply to MAP), and BR-BR-MAP (best reply to BR-MAP).
Original languageEnglish
Place of PublicationTilburg
PublisherMicroeconomics
Number of pages27
Volume2002-39
Publication statusPublished - 2002

Publication series

NameCentER Discussion Paper
Volume2002-39

Keywords

  • game theory
  • experimental economics

Fingerprint Dive into the research topics of 'How to Play 3x3 Games: A Strategy Method Experiment'. Together they form a unique fingerprint.

Cite this