ICES Brown Bag for April 12

Events, Seminars | April 4, 2018

Join us for the next ICES Brown Bag Lecture of the semester, featuring Arthur Dolgopolov.

Mr. Dolgopolov, of George Mason University, will discuss his paper (co-authored with Mikhail Freer) Revealed Markov Strategies (Abstract). The talk will take place on Thursday, April 12th, from 12:30 to 1:30pm, in room 5075 of the Vernon Smith Hall (formerly Metropolitan Building), Arlington campus.

Coffee and dessert will be provided.

Please visit the Brown Bag Schedule to learn more about the Brown Bag series.

Abstract

Major problem with identification of strategies in the repeated games is the vastness of strategy space stemming from dependence on history (previous actions). Moreover, strategies can be of different complexity (depending on length of histories each strategy uses). In addition, there are two competing representations: a function of history and a finite automaton. We provide methodology for partial identification of strategies in the repeated games for both representations. Moreover, we show that minimum complexity of strategy that explains player’s behavior can be efficiently found. In addition, we characterize a strict subset of finite automatons isomorphic to the set of history dependent strategies. Finally, we illustrate the method using the experimental data on repeated prisoner’s dilemma.

<<< Back to News Page