网络上的实验博弈:行为基础与均衡选择

Experimental Games on Networks: Underpinnings of Behavior and Equilibrium Selection

Econometrica · 2014
被引 82
人大 A+FT50ABS 4*

中文导读

通过实验室实验研究网络结构下的行为与均衡选择,发现参与者行为在信息完全时接近理论均衡,信息不完全时网络特征(如连通性、聚类)有助于预测行为,且人们倾向于追求社会效率但受风险规避和不确定性制约。

Abstract

In this paper, we describe a series of laboratory experiments that implement specific examples of a general network structure. Specifically, actions are either strategic substitutes or strategic complements, and participants have either complete or incomplete information about the structure of a random network. Since economic environments typically have a considerable degree of complementarity or substitutability, this framework applies to a wide variety of settings. We examine behavior and equilibrium selection. The degree of equilibrium play is striking, in particular with incomplete information. Behavior closely resembles the theoretical equilibrium whenever this is unique; when there are multiple equilibria, general features of networks, such as connectivity, clustering, and the degree of the players, help to predict informed behavior in the lab. People appear to be strongly attracted to maximizing aggregate payoffs (social efficiency), but there are forces that moderate this attraction: (1) people seem content with (in the aggregate) capturing only the lion's share of the efficient profits in exchange for reduced exposure to loss, and (2) uncertainty about the network structure makes it considerably more difficult to coordinate on a demanding, but efficient, equilibrium that is typically implemented with complete information.

网络实验博弈均衡选择网络结构不完全信息