Geng, S. and Peng, Y. and Shachat, J. and Zhong, H. (2015) 'Adolescents, cognitive ability, and minimax play.', Economics letters., 128 . pp. 54-58.
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.
|Keywords:||Minimax, Experiment, Adolescent, Cognitive abilities.|
|Full text:||(AM) Accepted Manuscript|
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|Publisher Web site:||http://dx.doi.org/10.1016/j.econlet.2015.01.007|
|Publisher 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.|
|Date accepted:||09 January 2015|
|Date deposited:||23 January 2015|
|Date of first online publication:||21 January 2015|
|Date first made open access:||No date available|
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