负外部性实验中的个体决策

Individual Decision Making in a Negative Externality Experiment

Experimental Economics · 2004
被引 7
人大 A-ABS 3

中文导读

通过简单负外部性实验,发现多数被试不选唯一纳什均衡策略,平均决策可用基于截断分布的决策误差模型描述,且动态调整过程显著。

Abstract

Abstract The experimental treatments analysed in this paper are simple in that there is a unique Nash equilibrium resulting in each player having a dominant strategy. However, the data show quite clearly that subjects do not always choose this strategy. In fact, when this dominant strategy is not a “focal” outcome it does not even describe the average decision adequately. It is shown that average individual decisions are best described by a decision error model based on a censored distribution as opposed to the truncated regression model which is typically used in similar studies. Moreover it is shown that in the treatments where the dominant strategy is not “focal” dynamics are important with average subject decisions initially corresponding to the “focal” outcome and then adjusting towards the Nash prediction. Overall, 66.7% of subjects are consistent with Payoff Maximization, 27.8% are consistent with an alternate preference maximization and 5.6% are random.

负外部性实验个体决策纳什均衡决策误差模型