Zhiwei, Cui; Jian, Zhai; Xuan, Liu - In: The B.E. Journal of Theoretical Economics 9 (2009) 1, pp. 1-36
This paper studies the aspiration-based learning dynamics in symmetric normal-form games played at multiple locations. In particular, the aspiration level in one location is linked to the average performances of players in observable locations. With a decentralized information structure, the...