Figure 6From: Complex decision-making strategies in a stock market experiment explained as the combination of few simple strategiesDistribution of use of behavioral patterns by players We compute the Shannon entropy of the θ membership vectors among four behavioral patterns: switching, optimistic, repeating, and win-stay (WS-LS). We split the users according to their Shannon entropy: (a), (d) Low entropy, including players who typically do not mix elementary strategies; (b,e) Medium entropy, including players who mix two or three elementary strategies; (c), (f) High entropy, including players mix three or four elementary strategies. (a), (b), (c) Use of each elementary strategy for players with membership vectors with low, medium and high entropy users, respectively. (d), (e), (f) Membership vectors. Each row represents one player. The color code quantifies the extent to which a player uses a behavioral pattern. We observe that the win-stay loose-Shift strategy is widely used alone, and that optimistic is commonly used in combination with other behavioral patternsBack to article page