Test the Principle of Maximum Entropy in Constant Sum 2 X 2 Game: Evidence in Experimental Economics
Physics Letter A, Forthcoming
14 Pages Posted: 27 Feb 2012
Date Written: February 26, 2012
Abstract
By using laboratory experimental data, we test the uncertainty of strategy type in various competing environments with two person constant sum 2x2 game in the social system. It firstly shows that, in these competing game environments, the outcome of human’s decision-making obeys the principle of the maximum entropy.
Keywords: maximum entropy principle, constant sum game, experimental economics
Suggested Citation: Suggested Citation
Xu, Bin and Wang, Zhijian and Zhang, Hongen and Zhang, Zianbo, Test the Principle of Maximum Entropy in Constant Sum 2 X 2 Game: Evidence in Experimental Economics (February 26, 2012). Physics Letter A, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2011482
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