Vecon Lab2x2 Matrix Game: Introduction

This program sets up a two-player, two-decision game, e.g. Prisoner's Dilemma, Coordination, Matching Pennies, Battle of Sexes, etc. You can set payoffs, the matching protocols, and the numbers of rounds. Major strategic paradigms (social dilemma, coordination, and randomization) are implemented with the default setup. For an analysis of payoff factors that may generate intuitive deviations from Nash predictions, see Goeree and Holt (2001) "Ten Little Treasures of Game Theory and Ten Intuitive Contradictions," American Economic Review.

Key Concepts:
Prisoners' Dilemma
Cooperation
Competition
Coordination
Nash Equilibrium
Battle of Sexes
Copyright 2009, Charles Holt, Please report problems and suggestions: veconlab@gmail.com

Vecon Lab - March 29, 2024