Abstract

Boundedly rational players with differing skill are affected differently by complexity. Thus players have preferences for complexity that depend on their own skill and the skill of their opponents. Such preferences are likely to be important determinants of players' choices. To illustrate, this paper analyzes a model where differently skilled players sort themselves across two-person win-draw-loss games of differing complexity, are randomly paired against opponents who have made similar choices and then play the games they have chosen.

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