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. …

unknown value. A winner s curse phenomenon arises when subjects bid too high and make losses. Learning direction theory can … quantitative predictions on the basis of learning direction theory. We also look at monotonic ladder processes. It is shown that …

learning processes exhibited by players. …

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 on …

In this paper we introduce four new learning models: impulse balance learning, impulse matching learning, action …-sampling learning, and payof-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 x 2 games and compare the results with experimental data obtained …

. -- coordination ; heterogeneity ; adaptive learning ; non-linear system ; feedback …

. -- Bounded rationality ; social learning ; population game ; differential game ; product life cycle ; monopoly ; competition …

In this note we study a very simple trial & error learning process in the context of a Cournot oligopoly. Without any …