Figure 7
Balance between repeat and switch strategies. We define \(D_{p} = \frac{\theta_{p {\mathrm{RPT}}} - \theta_{p {\mathrm {SWI}}}}{\theta_{p {\mathrm{RPT}}} - \theta_{p {\mathrm{SWI}}}}\), so that \(D_{p}=0\) means that both strategies are used by players to the same extent. This plot shows that a significant number of players are using exclusively one of the strategies; other players use a combination of those with a bias towards repeating their previous guess, rather than switching