Multi-Dimensional Reasoning in Competitive Resource Allocation Games

Speaker
Ayala Arad
Date
31/12/2018 - 12:30 - 11:00Add To Calendar 2018-12-31 11:00:00 2018-12-31 12:30:00 Multi-Dimensional Reasoning in Competitive Resource Allocation Games Multi-Dimensional Reasoning in Competitive Resource Allocation Games: Evidence from Intra-Team Communication. We experimentally investigate behavior and reasoning in various competitive resource allocation games with large strategy spaces. In the experiment, a team of two players plays as one entity against other teams. Team members communicate with one another before choosing a strategy. Their communication reveals that they think in terms of dimensions or characteristics of strategies rather than in terms of individual elements of the strategy space. Furthermore, the dimensions’ metric allows linking the reasoning across the different games. Thus, we suggest that multi-dimensional reasoning is a frequently used decision procedure that connects the behavior observed in various resource allocation games.  Joint work with Stefan Penczynski. Economics Building (504). Room 011 אוניברסיטת בר-אילן - Department of Economics Economics.Dept@mail.biu.ac.il Asia/Jerusalem public
Place
Economics Building (504). Room 011
Affiliation
Tel Aviv University
Abstract

Multi-Dimensional Reasoning in Competitive Resource Allocation Games: Evidence from Intra-Team Communication.

We experimentally investigate behavior and reasoning in various competitive resource allocation games with large strategy spaces. In the experiment, a team of two players plays as one entity against other teams. Team members communicate with one another before choosing a strategy. Their communication reveals that they think in terms of dimensions or characteristics of strategies rather than in terms of individual elements of the strategy space. Furthermore, the dimensions’ metric allows linking the reasoning across the different games. Thus, we suggest that multi-dimensional reasoning is a frequently used decision procedure that connects the behavior observed in various resource allocation games. 

Joint work with Stefan Penczynski.

Last Updated Date : 04/12/2022