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We examine learning behavior in auctions and Fair division games with independent private values under two different … than single bids. This allows us to examine whether learning is influenced by the structural differences between games. We … find that within the time horizon which we investigate, learning does not drive toward risk neutral equilibrium bidding and …
Persistent link: https://www.econbiz.de/10009581102
Robust learning experiments confront participants with structurally different decision environments which they …
Persistent link: https://www.econbiz.de/10009612041