By Kiran Lakkaraju, Samarth Swarup, Les Gasser (auth.), Shanchieh Jay Yang, Ariel M. Greenberg, Mica Endsley (eds.)

This e-book constitutes the refereed lawsuits of the fifth overseas convention on Social Computing, Behavioral-Cultural Modeling and Prediction, held in collage Park, MD, united states, in April 2012. The forty three revised papers awarded during this quantity have been rigorously reviewed and chosen from seventy six submissions. The papers conceal quite a lot of subject matters together with economics, public future health, and terrorist actions, in addition to make the most of a extensive number of methodologies, e.g., laptop studying, cultural modeling and cognitive modeling.

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Additional info for Social Computing, Behavioral - Cultural Modeling and Prediction: 5th International Conference, SBP 2012, College Park, MD, USA, April 3-5, 2012. Proceedings

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Accordingly, the Dictator game is identical to the second half of the Trust game. In effect, each subject plays the second half of the Trust game twice, but only once with the reciprocity frame. The SPNE is for the Dictator to send $0 to the Receiver. The Donation game has two players, a Donor and a Receiver. It is identical to the Dictator game, except that both players start with a $5 endowment, and any money sent by the Donor is quadrupled before it is given to the Receiver. This places the Donor in the same strategic setting as Player 1 in Trust, because the obvious dominant strategy for Player 2 in Trust is to return $0.

Indeed, it is not widely understood that game theory is essentially a cognitive theory. Here, we interrogate those cognitive assumptions. We do more than reject specific predictions from specific games. More broadly, we reject the underlying cognitive model implicitly assumed by game theory. Keywords: game theory, human behavior, Nash equilibrium, economics, Trust game, prediction markets. 1 The Mythology of Non-cooperative Games Game theory is essentially cognitive: it assumes that people know the actions available to them, that they have preferences over all possible outcomes, and that they have beliefs about how other players will choose.

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