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From imitation to collusion : long-run learning in a low-information environment
Friedman, Daniel; Huck, Steffen; Oprea, Ryan; … - 2012 - August 2012 (revised October 2013)
the need for a new theory of how cooperation emerges. …Wir untersuchen die Stabilität von Imitationsverhalten in einem experimentellen Cournot-Oligopol mit 1.200 Perioden, in … daher die Notwendigkeit einer neuen Theorie über die Entstehung von Kooperation nahe. …
Persistent link: https://www.econbiz.de/10010194591
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Learning through period and physical time
Backhaus, Teresa; Huck, Steffen; Leutgeb, Johannes Josef; … - 2022
We demonstrate in a laboratory experiment in which subjects play a two-player Cournot-Tullock game over hundreds of periods of varying length that full accounts of subjects' learning requires the consideration of, both, 'period time' and 'physical time.'
Persistent link: https://www.econbiz.de/10013326949