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.

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

Daniele Vilone
2013

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.
2013
Game Theory
Simulations
Bluffing
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.14243/312898
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