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Stable sampling equilibrium in common pool resource games

dc.creatorCardenas, Juan Camilospa
dc.creatorMantilla Ribero, César Andrésspa
dc.creatorSethi, Rajivspa
dc.date.accessioned2020-08-19T14:40:42Z
dc.date.available2020-08-19T14:40:42Z
dc.date.created2015-07-23spa
dc.description.abstractThis paper reconsiders evidence from experimental common pool resource games from the perspective of a model of payoff sampling. Despite being parameter-free, the model is able to replicate some striking features of the data, including single-peaked frequency distributions, the persistent use of strictly dominated actionsand stable heterogeneity in choices. These properties can also be accurately replicated using logit quantal response equilibrium (QRE), but only by tuning the free parameter separately for separate games. When the QRE parameter is constrained to be the same across games, sampling equilibrium provides a superior fit to the data. We argue that these findings are likely to generalize to other complex games with multiple players and strategies. © 2015 by the authors; licensee MDPI, Basel, Switzerland.eng
dc.format.mimetypeapplication/pdf
dc.identifier.doihttps://doi.org/10.3390/g6030299
dc.identifier.issnISSN: 2073-4336
dc.identifier.urihttps://repository.urosario.edu.co/handle/10336/26993
dc.language.isoengspa
dc.publisherMultidisciplinary Digital Publishing Institutespa
dc.relation.citationEndPage317
dc.relation.citationIssueNo. 3
dc.relation.citationStartPage299
dc.relation.citationTitleGames
dc.relation.citationVolumeVol. 6
dc.relation.ispartofGames, ISSN: 2073-4336, Vol.6, No.3 (2015); pp. 299-317spa
dc.relation.urihttps://www.mdpi.com/2073-4336/6/3/299/htmspa
dc.rights.accesRightsinfo:eu-repo/semantics/openAccess
dc.rights.accesoAbierto (Texto Completo)spa
dc.sourceGamesspa
dc.source.instnameinstname:Universidad del Rosario
dc.source.reponamereponame:Repositorio Institucional EdocUR
dc.subject.keywordCommon pool resource gamesspa
dc.subject.keywordExperimentsspa
dc.subject.keywordQuantal response equilibriumspa
dc.subject.keywordSampling equilibriumspa
dc.titleStable sampling equilibrium in common pool resource gamesspa
dc.title.TranslatedTitleEquilibrio de muestreo estable en juegos de recursos comunesspa
dc.typearticleeng
dc.type.hasVersioninfo:eu-repo/semantics/publishedVersion
dc.type.spaArtículospa
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