Bluffing as a Rational Strategy in a Simple Poker-Like Game Model-Reference-Cited by-同舟云学术

Bluffing as a Rational Strategy in a Simple Poker-Like Game Model

Published:2013-06-04 Issue: Volume:2013 Page:1-6
ISSN:2314-6540
Container-title:Journal of Complex Systems
language:en
Short-container-title:Journal of Complex Systems

Author:

Guazzini Andrea¹^ORCID,Vilone Daniele²

Affiliation:

1. Department of Education and Psychology, University of Florence, Via San Salvi 12, Building 26, 50135 Florence, Italy

2. Statistical Materials Modeling Laboratory (CNR-IENI), Via R. Cozzi 53, 20125 Milano, Italy

Abstract

We present a simple adaptive learning model of a poker-like game, by means of which we show how a bluffing strategy emerges very naturally and can also be rational and evolutionarily stable. Despite their very simple learning algorithms, agents learn to bluff, and the most bluffing player is usually the winner.

Publisher

Hindawi Limited

Subject

General Medicine

Link

http://downloads.hindawi.com/archive/2013/390454.pdf

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