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Wednesdays@NICO Seminar: Moving Past Rational Behavior: A Game Theory Experiment
Northwestern Institute on Complex Systems (NICO)
12:00 PM
//
Lower Level Chambers Hall
Details
Moving Past Rational Behavior: A Game Theory Experiment
Wednesdays@NICO | 12:00-1:00 PM, March 2, 2016 | Chambers Hall, Lower Level
Julia Poncela-Casasnovas, Northwestern Institute on Complex Systems
Abstract
Both in real life situations and behavioral experiments alike, people often behave against game-theoretical predictions. However, little is known about whether or not individuals display consistency when facing various games, or, if they do, what would be a possible classification of these different-but-consistent behaviors. I present the results of a lab-in-the-field experiment, with individuals playing multiple games under different incentives, with different, anonymous partners. Then, by running a robust clustering algorithm on the data, I am able to classify the subjects in distinct, well-defined groups (–phenotypes–) according to their actions in the different scenarios presented to them. I identify these phenotypes as Trustful, Pessimist, Envious, Optimist, and Clueless. None of these phenotypes correspond to the expected behavior from the Nash equilibria, however, I am able to clearly infer their behavioral rules, and also to connect them with a measure of risk-aversion. My classification is applicable in contexts beyond social dilemmas, and opens the door for more realistic modeling of human behavior, along with practical applications: from business management and human resources, to global policy making.
Bio
I work with Professor Brian Uzzi at NICO, studying the emergence of scientific fields, collaboration dynamics at institutions, and how errors propagate in networks. I received my BS, MS, and PhD in Physics from the University of Zaragoza, where I studied how complex network topologies affect game theoretic outcomes. Since then I have expanded my research interests into the social sciences, studying how medical innovations are adopted and how an individual's network of contacts could help achieve weight-loss goals.
Time
Wednesday, March 2, 2016 at 12:00 PM - 1:00 PM
Location
Lower Level Chambers Hall Map
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Calendar
Northwestern Institute on Complex Systems (NICO)
Fall 2024 Classes Begin (No Northwestern Monday in Fall)
University Academic Calendar
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Fall 2024 Classes Begin (No Northwestern Monday in Fall)
Time
Tuesday, September 24, 2024
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University Academic Calendar
WED@NICO Seminar Series returns October 2024
Northwestern Institute on Complex Systems (NICO)
12:00 PM
//
Lower Level, Chambers Hall
Details
![NICO Logo](
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The Wednesdays@NICO speaker series with return on Wednesday, October 2, 2024. Speakers will be announced in September.
We welcome speaker suggestions from the NICO community. Please use this form to nominate a speaker.
Location:
In person: Chambers Hall, 600 Foster Street, Lower Level
About the Speaker Series:
Wednesdays@NICO is a vibrant weekly seminar series focusing broadly on the topics of complex systems, data science and network science. It brings together attendees ranging from graduate students to senior faculty who span all of the schools across Northwestern, from applied math to sociology to biology and every discipline in-between. Please visit: https://bit.ly/WedatNICO for information on future speakers.
Time
Wednesday, October 2, 2024 at 12:00 PM - 1:00 PM
Location
Lower Level, Chambers Hall Map
Contact
Calendar
Northwestern Institute on Complex Systems (NICO)