Ontology highlight
ABSTRACT:
SUBMITTER: Seip KL
PROVIDER: S-EPMC4788453 | biostudies-literature | 2016
REPOSITORIES: biostudies-literature
Seip Knut Lehre KL Grøn Øyvind Ø
PloS one 20160311 3
We explore a new method for identifying leaders and followers, LF, in repeated games by analyzing an experimental, repeated (50 rounds) game where Row player shifts the payoff between small and large values-a type of "investor" and Column player determines who gets the payoff-a type of "manager". We found that i) the Investor (Row) most often is a leading player and the manager (Column) a follower. The longer the Investor leads the game, the higher is both player's payoff. Surprisingly however, ...[more]