Uncorrelated asymmetry

In game theory an uncorrelated asymmetry is an arbitrary asymmetry in a game which is otherwise symmetrical. The name 'uncorrelated asymmetry' is due to John Maynard Smith who called payoff relevant asymmetries in games with similar roles for each player 'correlated asymmetries' (note that any game with correlated asymmetries must also have uncorrelated asymmetries). The explanation of an uncorrelated asymmetry usually makes reference to "informational asymmetry". Which may confuse some readers, since, games which may have uncorrelated asymmetries are still games of complete information . What differs between the same game with and without an uncorrelated asymmetry is whether the players know which role they have been assigned. If players in a symmetric game know whether they are Player 1, Player 2, etc. (or row vs. column player in a bimatrix game) then an uncorrelated asymmetry exists. If the players do not know which player they are then no uncorrelated asymmetry exists. The information asymmetry is that one player believes he is player 1 and the other believes he is player 2. Therefore, "informational asymmetry" does not refer to knowledge in the sense of an information set in an extensive form game.

The concept of uncorrelated asymmetries is important in determining which Nash equilibria are evolutionarily stable strategies in discoordination games such as the game of chicken. In these games the mixing Nash is the ESS if there is no uncorrelated asymmetry, and the pure conditional Nash equilibria are ESSes when there is an uncorrelated asymmetry.

The usual applied example of an uncorrelated asymmetry is territory ownership in the hawk-dove game. Even if the two players ("owner" and "intruder") have the same payoffs (i.e., the game is payoff symmetric), the territory owner will play Hawk, and the intruder Dove, in what is known as the 'Bourgeois strategy' (the reverse is also an ESS known as the 'anti-bourgeois strategy', but makes little biological sense).

References

Maynard Smith, J (1982) Evolution and the Theory of Games Cambridge University Press. ISBN:0-521-28884-3

0.00

(0 votes)

Original source: https://en.wikipedia.org/wiki/Uncorrelated asymmetry. Read more

v t e Topics in game theory
Definitions	Cooperative game Determinacy Escalation of commitment Extensive-form game First-player and second-player win Game complexity Graphical game Hierarchy of beliefs Information set Normal-form game Preference Sequential game Simultaneous game Simultaneous action selection Solved game Succinct game
Equilibrium concepts	Nash equilibrium Subgame perfection Mertens-stable equilibrium Bayesian Nash equilibrium Perfect Bayesian equilibrium Trembling hand Proper equilibrium Epsilon-equilibrium Correlated equilibrium Sequential equilibrium Quasi-perfect equilibrium Evolutionarily stable strategy Risk dominance Core Shapley value Pareto efficiency Gibbs equilibrium Quantal response equilibrium Self-confirming equilibrium Strong Nash equilibrium Markov perfect equilibrium
Strategies	Dominant strategies Pure strategy Mixed strategy Strategy-stealing argument Tit for tat Grim trigger Collusion Backward induction Forward induction Markov strategy
Classes of games	Symmetric game Perfect information Repeated game Signaling game Screening game Cheap talk Zero-sum game Mechanism design Bargaining problem Stochastic game n-player game Large Poisson game Nontransitive game Global game Strictly determined game Potential game
Games	Go Chess Infinite chess Checkers Tic-tac-toe Prisoner's dilemma Optional prisoner's dilemma Traveler's dilemma Coordination game Chicken Centipede game Volunteer's dilemma Dollar auction Battle of the sexes Stag hunt Matching pennies Ultimatum game Rock paper scissors Pirate game Dictator game Public goods game Blotto game War of attrition El Farol Bar problem Fair division Fair cake-cutting Cournot game Deadlock Diner's dilemma Guess 2/3 of the average Kuhn poker Nash bargaining game Prisoners and hats puzzle Trust game Princess and Monster game Rendezvous problem
Theorems	Arrow's impossibility theorem Aumann's agreement theorem Folk theorem Minimax theorem Nash's theorem Purification theorem Revelation principle Zermelo's theorem
Key figures	Albert W. Tucker Amos Tversky Ariel Rubinstein Claude Shannon Daniel Kahneman David K. Levine David M. Kreps Donald B. Gillies Drew Fudenberg Eric Maskin Harold W. Kuhn Herbert Simon Hervé Moulin Jean Tirole Jean-François Mertens Jennifer Tour Chayes John Harsanyi John Maynard Smith Antoine Augustin Cournot John Nash John von Neumann Kenneth Arrow Kenneth Binmore Leonid Hurwicz Lloyd Shapley Melvin Dresher Merrill M. Flood Olga Bondareva Oskar Morgenstern Paul Milgrom Peyton Young Reinhard Selten Robert Axelrod Robert Aumann Robert B. Wilson Roger Myerson Samuel Bowles Suzanne Scotchmer Thomas Schelling William Vickrey
See also	All-pay auction Alpha–beta pruning Bertrand paradox Bounded rationality Combinatorial game theory Confrontation analysis Coopetition First-move advantage in chess Game mechanics Glossary of game theory List of game theorists List of games in game theory No-win situation Solving chess Topological game Tragedy of the commons Tyranny of small decisions

Uncorrelated asymmetry

See also

References