Showing 1 - 10 of 16
equilibrium of the game does not organize the individual data, two individual learning models are studied: one following a … predictive value of such learning models is found to be poor. …
Persistent link: https://www.econbiz.de/10010317639
equilibrium of the game does not organize the individual data, two individual learning models are studied: one following a … predictive value of such learning models is found to be poor. …
Persistent link: https://www.econbiz.de/10004968350
learning processes exhibited by players. …
Persistent link: https://www.econbiz.de/10010317676
learning processes exhibited by players. …
Persistent link: https://www.econbiz.de/10004968419
In this paper we introduce four new learning models: impulse balance learning, impulse matching learning, action …-sampling learning, and payoff-sampling learning. With this models and together with the models of self- tuning EWA learning and … reinforcement learning, we conduct simulations over 12 different 2×2 games and compare the results with experimental data obtained …
Persistent link: https://www.econbiz.de/10010270025
In this paper we introduce four new learning models: impulse balance learning, impulse matching learning, action …-sampling learning, and payoff-sampling learning. With this models and together with the models of self- tuning EWA learning and … reinforcement learning, we conduct simulations over 12 different 2×2 games and compare the results with experimental data obtained …
Persistent link: https://www.econbiz.de/10004989641
Recently there has been much theoretical and experimental work on learning in games. However, learning usually means … "learning about the strategic behavior of opponents" rather than "learning about the game" as such. In contrast, here we report …
Persistent link: https://www.econbiz.de/10010317675
Recently there has been much theoretical and experimental work on learning in games. However, learning usually means … "learning about the strategic behavior of opponents" rather than "learning about the game" as such. In contrast, here we report …
Persistent link: https://www.econbiz.de/10004968377
We propose a method to measure the intensity of risk aversion, prudence (downside risk aversion) and temperance (outer risk aversion) in experiments. Higher-order risk compensations are defined within the proper risk apportionment model of Eeckhoudt and Schlesinger [American Economic Review, 96...
Persistent link: https://www.econbiz.de/10010293367
Understanding how physicians respond to incentives from payment schemes is a central concern in health economics research. We introduce a controlled laboratory experiment to analyse the influence of incentives from fee-for-service and capitation payments on physicians’ supply of medical...
Persistent link: https://www.econbiz.de/10010293369