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Xu, B; Zhou, HJ; Wang, ZJ; Wang, ZJ (reprint author), Zhejiang Univ, Expt Social Sci Lab, Hangzhou 310058, Zhejiang, Peoples R China.
Cycle frequency in standard Rock-Paper-Scissors games: Evidence from experimental economics
Source PublicationPHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS
Language英语
KeywordEvolutionary Games Dynamics Equilibria Knowledge
AbstractThe Rock-Paper Scissors (RPS) game is a widely used model system in game theory. Evolutionary game theory predicts the existence of persistent cycles in the evolutionary trajectories of the RPS game, but experimental evidence has remained to be rather weak. In this work, we performed laboratory experiments on the RPS game and analyzed the social-state evolutionary trajectories of twelve populations of N = 6 players. We found strong evidence supporting the existence of persistent cycles. The mean cycling frequency was measured to be 0.029 +/- 0.009 period per experimental round. Our experimental observations can be quantitatively explained by a simple non-equilibrium model, namely the discrete-time logit dynamical process with a noise parameter. Our work therefore favors the evolutionary game theory over the classical game theory for describing the dynamical behavior of the RPS game. (C) 2013 The Authors. Published by Elsevier B.V. All rights reserved.
2013
ISSN0378-4371
Volume392Issue:20Pages:4997-5005
Subject AreaPhysics
Indexed BySCI
Funding Organization985 Project at Zhejiang University; SKLTP of ITP-CAS [Y3KF261CJ1]; Knowledge Innovation Program of Chinese Academy of Sciences [KJCX2-EW-J02]; National Science Foundation of China [11121403, 11225526] ; 985 Project at Zhejiang University; SKLTP of ITP-CAS [Y3KF261CJ1]; Knowledge Innovation Program of Chinese Academy of Sciences [KJCX2-EW-J02]; National Science Foundation of China [11121403, 11225526] ; 985 Project at Zhejiang University; SKLTP of ITP-CAS [Y3KF261CJ1]; Knowledge Innovation Program of Chinese Academy of Sciences [KJCX2-EW-J02]; National Science Foundation of China [11121403, 11225526] ; 985 Project at Zhejiang University; SKLTP of ITP-CAS [Y3KF261CJ1]; Knowledge Innovation Program of Chinese Academy of Sciences [KJCX2-EW-J02]; National Science Foundation of China [11121403, 11225526]
Citation statistics
Document Type期刊论文
Identifierhttp://ir.itp.ac.cn/handle/311006/15266
Collection理论物理所科研产出_SCI论文
Corresponding AuthorWang, ZJ (reprint author), Zhejiang Univ, Expt Social Sci Lab, Hangzhou 310058, Zhejiang, Peoples R China.
Recommended Citation
GB/T 7714
Xu, B,Zhou, HJ,Wang, ZJ,et al. Cycle frequency in standard Rock-Paper-Scissors games: Evidence from experimental economics[J]. PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS,2013,392(20):4997-5005.
APA Xu, B,Zhou, HJ,Wang, ZJ,&Wang, ZJ .(2013).Cycle frequency in standard Rock-Paper-Scissors games: Evidence from experimental economics.PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS,392(20),4997-5005.
MLA Xu, B,et al."Cycle frequency in standard Rock-Paper-Scissors games: Evidence from experimental economics".PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS 392.20(2013):4997-5005.
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