Magazines |
128 (2015) 54–58 |
Author | Sen Geng, Yujia Peng, Jason Shachat, Huizhen Zhong |
Content | 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 or experience in competitive
situations. |
JEL-Codes | C72 C93 D03 |
Keywords | Minimax Experiment Adolescent Cognitive abilities |