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Social Transition Spectrum in Constant Sum 2x2 Games with Human Subjects

Authors :
Bin Xu
Zhijian Wang
Source :
SSRN Electronic Journal.
Publication Year :
2011
Publisher :
Elsevier BV, 2011.

Abstract

In game, with the individual interactions, the social state is changing stochastically and governed by Nash Equilibrium in the strategy space. With the method from the physics of nonequlibrium steady state (NESS) and the data from experimental economics treatments (EET), we obtain the social transition spectrums and from which, the kink phenomena and the fluctuation theorem predictions in NESS are supported. The data comes from the fi xed paired 2-person constant sum 2x2 games with unique mixed strategy Nash equilibrium (MSNE). These findings demonstrate the new experimetric for social dynamics, meanwhile, an indiff erence within social and physical systems.

Details

ISSN :
15565068
Database :
OpenAIRE
Journal :
SSRN Electronic Journal
Accession number :
edsair.doi...........f9757f0c7fd5368037f800433925c59c
Full Text :
https://doi.org/10.2139/ssrn.1910045