Which Strategies Do People Use in the Repeated Prisoner’s Dilemma?

Speaker
Itay Tubul, Bar-Ilan University (SEMINAR ROOM, 504/011)
Date
02/01/2023 - 10:15 - 09:15Add To Calendar 2023-01-02 09:15:00 2023-01-02 10:15:00 Which Strategies Do People Use in the Repeated Prisoner’s Dilemma? The repeated prisoner’s dilemma game is one of the most widely studied games in the social sciences, and it is essential to some theories of human cooperation and trust. In the present study, we try to use tools from data mining and provide a meta-analysis, based on a data set that was analyzed twice: by DalBo (2018), who created the data, and in parallel by Backhaus (2018). We present an innovative analysis based on machine learning algorithms. Particularly, we use the K-means model to find the clusters in the data based on the elbow method. Additionally, we analyze each cluster and examine whether the algorithm is able to classify participants according to similar strategies presented in the literature. SEMINAR ROOM, Bldg. 504, Room 011 אוניברסיטת בר-אילן - Department of Economics Economics.Dept@mail.biu.ac.il Asia/Jerusalem public
Place
SEMINAR ROOM, Bldg. 504, Room 011
Affiliation
Bar-Ilan University
Abstract

The repeated prisoner’s dilemma game is one of the most widely studied games in the social sciences, and it is essential to some theories of human cooperation and trust. In the present study, we try to use tools from data mining and provide a meta-analysis, based on a data set that was analyzed twice: by DalBo (2018), who created the data, and in parallel by Backhaus (2018). We present an innovative analysis based on machine learning algorithms. Particularly, we use the K-means model to find the clusters in the data based on the elbow method. Additionally, we analyze each cluster and examine whether the algorithm is able to classify participants according to similar strategies presented in the literature.

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Last Updated Date : 31/12/2022