Heterogeneous trembles and model selection in the strategy frequency estimation method

• Published in: Journal of the Economic Science Association Vol. 6; no. 2; pp. 113 - 124
• Main Author: Bland, James R.
• Format: Journal Article
• Language: English
• Published: New York Springer US 01.12.2020; Springer Nature B.V
• Subjects: Behavioral/Experimental Economics; Economic Theory/Quantitative Economics/Mathematical Methods; Economics; Economics and Finance; Game Theory; Microeconomics; Operations Research/Decision Theory; Original Paper; Social and Behav. Sciences; C52; Prisoner’s dilemma; Strategy frequency estimation method; C57; Model selection; C15; Mixture model; Trembles; C73

The strategy frequency estimation method (Dal Bó and Fréchette in Am Econ Rev 101(1):411-429, 2011; Fudenberg in Am Econ Rev 102(2):720-749, 2012) allows us to estimate the fraction of subjects playing each of a list of strategies in an infinitely repeated game. Currently, this method assumes that s...