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This paper introduces a model of 'theory of mind', namely, how we represent the intentions and goals of others to optimise our mutual interactions. We draw on ideas from optimum control and game theory to provide a 'game theory of mind'.
Wako Yoshida+2 more
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Progress in Behavioral Game Theory [PDF]
Is game theory meant to describe actual choices by people and institutions or not? It is remarkable how much game theory has been done while largely ignoring this question.
Colin F. Camerer
openalex +4 more sources
The “Black Box” Method for Experimental Economics
How humans behave in repeated strategic interactions, how they learn, how their decisions adapt, and how their decision-making evolves is a topic of fundamental interest in behavioral economics and behavioral game theory [...]
Heinrich H. Nax
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Pre-Registration in Experimental Economics: An Editorial Policy
First and foremost, pre-registration is not the all-in-one solution for experimental economics [...]
Heinrich H. Nax
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Common property summer pastures constitute longstanding evidence that the tragedy of the commons can be prevented through self-organization. As a byproduct of their sustainable governance, high nature value farming systems with well-integrated patchy ...
Ivo Baur, Heinrich H. Nax
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Gain-Scheduled Mean-Field-Type Control for a Non-Linear Continuous Stirred Tank Reactor
We present the design of a Gain-Scheduled Mean-Field-Type Control (GS-MFTC) for a non-linear Continuous Stirred Tank Reactor (CSTR). The MFTC controllers belong to a class of stochastic control techniques considering the distribution of the system states,
Julian Barreiro-Gomez, Hamidou Tembine
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On a Simplified Method of Defining Characteristic Function in Stochastic Games
In the paper, we propose a new method of constructing cooperative stochastic game in the form of characteristic function when initially non-cooperative stochastic game is given. The set of states and the set of actions for any player is finite.
Elena Parilina, Leon Petrosyan
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Mean-Field-Type Model Predictive Control: An Application to Water Distribution Networks
In this paper, we study and design a mean-field-type model predictive control, which is a class of risk-aware control considering within the cost functional not only the mean but also the variance of both the system states and control inputs. We formally
Julian Barreiro-Gomez, Hamidou Tembine
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Groundwater Usage and Strategic Complements: Part I (Instrumental Variables)
We test whether the decisions in a common-pool resource game are better modeled game-theoretically as strategic substitutes or complements using an individual-level dataset of groundwater usage that accounts for 3% of US irrigated agriculture. Based on a
Caleb M. Koch, Heinrich H. Nax
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Game Theory Solutions in Sensor-Based Human Activity Recognition: A Review [PDF]
This paper provides a comprehensive review of the potential of game theory as a solution for sensor-based human activity recognition (HAR) challenges. Game theory is a mathematical framework that models interactions between multiple entities in various ...
Mohammad Hossein Shayesteh+2 more
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