The Role of Execution Errors in Populations of Ultimatum Bargaining Agents

نویسندگان

  • Fernando P. Santos
  • Jorge M. Pacheco
  • Ana Paiva
  • Francisco C. Santos
چکیده

The design of artificial intelligent agents is frequently accomplished by equipping individuals with mechanisms to choose actions that maximise a subjective utility function. This way, the implementation of behavioural errors, that systematically prevent agents from using optimal strategies, often seems baseless. In this paper, we employ an analytical framework to study a population of Proposers and Responders, with conflicting interests, that co-evolve by playing the prototypical Ultimatum Game. This framework allows to consider an arbitrary discretisation of the strategy space, and allows us to describe the dynamical impact of individual mistakes by Responders, on the collective success of this population. Conveniently, this method can be used to analyse other continuous strategy interactions. In the case of Ultimatum Game, we show analytically how seemingly disadvantageous errors empower Responders and become the source of individual and collective long-term success, leading to a fairer distribution of gains. This conclusion remains valid for a wide range of selection pressures, population sizes and mutation rates.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

More than thirty years of ultimatum bargaining experiments: Motives, variations, and a survey of the recent literature

Take-it or leave-it offers are probably as old as mankind. Our objective here is, first, to provide a, probably subjectively-colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we discuss important extensions of the standard ultimatum bargaining game in a unified framework, and, third, we offer a survey of the experimental ultimatu...

متن کامل

Heartbeat and Economic Decisions: Observing Mental Stress among Proposers and Responders in the Ultimatum Bargaining Game

The ultimatum bargaining game (UBG), a widely used method in experimental economics, clearly demonstrates that motives other than pure monetary reward play a role in human economic decision making. In this study, we explore the behaviour and physiological reactions of both responders and proposers in an ultimatum bargaining game using heart rate variability (HRV), a small and nonintrusive techn...

متن کامل

Bargaining Structure, Fairness, and Efficiency

Experiments with the ultimatum game—where one party can make a take-it-or-leave-it offer to a second party on how to split a pie—illustrate that conventional game theory has been wrong in its predictions regarding the simplest of bargaining settings: Even when one party has enormous bargaining power, she may be able to extract all the surplus from trade, because the second party will reject gro...

متن کامل

Social Capital’s Role in the Ultimatum Game

Discrepancies between empirical data and economic theory in ultimatum bargaining have been a subject of interest for over 30 years. Previous experiments have observed individuals walking away from essentially positive profits in these games. My paper adds to the existing body of research and attempts to explain these observations by investigating non-monetary aspects of payoff functions. Since ...

متن کامل

Analyzing the Costs of Collective Actions for Political, Administrative, and Economic Agents to Facilitate Investment

The processes of collective action of individuals within the government organization and the formation and modification of these processes in the private sector have fundamental differences with collective action. A collective action, either in the form of an activity or in the form of a reform of an entity, both has transaction costs for agents within the process. So, a collective action withi...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2016