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Game Dynamics Structure Control by Design: an Example from Experimental Economics

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  • Wang Zhijian

Abstract

Game dynamics structure (e.g., endogenous cycle motion) in human subjects game experiments can be predicted by game dynamics theory. However, whether the structure can be controlled by mechanism design to a desired goal is not known. Here, using the pole assignment approach in modern control theory, we demonstrate how to control the structure in two steps: (1) Illustrate an theoretical workflow on how to design a state-depended feedback controller for desired structure; (2) Evaluate the controller by laboratory human subject game experiments and by agent-based evolutionary dynamics simulation. To our knowledge, this is the first realisation of the control of the human social game dynamics structure in theory and experiment.

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  • Wang Zhijian, 2022. "Game Dynamics Structure Control by Design: an Example from Experimental Economics," Papers 2203.06088, arXiv.org.
    • Handle: RePEc:arx:papers:2203.06088
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    Cited by:

    1. Wang Zhijian, 2023. "Nash equilibrium selection by eigenvalue control," Papers 2302.09131, arXiv.org.
    2. Zhijian Wang & Shujie Zhou & Qinmei Yao & Yijia Wang, 2022. "Dynamic Structure in Four-strategy Game: Theory and Experiment," Papers 2203.14669, arXiv.org.

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