Hu, Yingyao; Kayaba, Yutaka; Shum, Matthew - In: Games and Economic Behavior 81 (2013) C, pp. 215-231
How do people learn? We assess, in a model-free manner, subjectsʼ belief dynamics in a two-armed bandit learning experiment. A novel feature of our approach is to supplement the choice and reward data with subjectsʼ eye movements during the experiment to pin down estimates of subjectsʼ...