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Subjective randomization in one-and two-person games
Authors:David V. Budescu  Amnon Rapoport
Abstract:Following the study by Rapoport and Budescu (1992), two experiments are reported whose main purpose is to compare the generation of random sequences in one- and two-person games. The first experiment addresses the generation of trinary series in two-person zerosum games with asymmetric players. The second examines the generation of binary series using a between-subjects design, and compares the cognitive processes operating in one- and two-person games. Although both types of games result in similar deviations from randomness, they seem to induce qualitatively different cognitive processes.
Keywords:Game Theory  Randomness  Negative recency Induction
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