S. Geng
Adolescents, Cognitive Ability, and Minimax Play
Geng, S.; Peng, Y.; Shachat, J.; Zhong, H.
Abstract
We conduct experiments with adolescent participants on repeated fixed play in three different zero-sum games which have mixed strategy minimax solutions. Further, we collect subject information on cognitive abilities and participation rates in competitive activities. We find the adolescents’ correspondences with and deviations from minimax play largely consistent with previously and widely studied adult populations. Further, we find strategic sophistication in terms of implementation of the mixed minimax strategy as well as earnings are not correlated with cognitive ability nor experience in competitive situations.
Citation
Geng, S., Peng, Y., Shachat, J., & Zhong, H. (2015). Adolescents, Cognitive Ability, and Minimax Play. Economics Letters, 128, 54-58. https://doi.org/10.1016/j.econlet.2015.01.007
Journal Article Type | Article |
---|---|
Acceptance Date | Jan 9, 2015 |
Online Publication Date | Jan 21, 2015 |
Publication Date | Mar 1, 2015 |
Deposit Date | Jan 14, 2015 |
Publicly Available Date | Jan 23, 2015 |
Journal | Economics Letters |
Print ISSN | 0165-1765 |
Publisher | Elsevier |
Peer Reviewed | Peer Reviewed |
Volume | 128 |
Pages | 54-58 |
DOI | https://doi.org/10.1016/j.econlet.2015.01.007 |
Keywords | Minimax, Experiment, Adolescent, Cognitive abilities. |
Public URL | https://durham-repository.worktribe.com/output/1414486 |
Files
Accepted Journal Article
(227 Kb)
PDF
Copyright Statement
NOTICE: this is the author’s version of a work that was accepted for publication in Economics Letters. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Economics Letters, 128, March 2015, 10.1016/j.econlet.2015.01.007.
You might also like
On the generalizability of using mobile devices to conduct economic experiments
(2023)
Journal Article
Arbitrage bots in experimental asset markets
(2022)
Journal Article
How auctioneers set reserve prices in procurement auctions
(2022)
Journal Article