THE EFFECT OF IRRELEVANT INFORMATION ON DECISION MAKING IN SIMPLE GAMES WITH SIMPLE STRATEGIES.
Abstract
A simple experiment using 5x5 two-person zero-sum games was conducted to determine the effect of multiplying a constant to each value of a payoff matrix. Four different constants were multiplied to a single simple game. Multiplication of the payoff matrix caused the decision maker to be given irrevelant information about the game since the optimum strategy for the game did not depend upon this constant. Eight San Diego State College students served as subjects for this experiment. The subjects played in pairs each making 200 decisions on each side of every game. It was concluded that multiplying a game by a constant does not influence the subject's decisions. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 1965
- Accession Number
- AD0616879
Entities
People
- William H. Payne
Organizations
- Naval Health Research Center