Mohlin, Erik; Ostling, Robert; Wang, Joseph Tao-yi - Department of Economics, Oxford University - 2014
a complicated and non-intuitive mixed strategy equilibrium. We argue that standard models of belief-based learning and … reinforcement learning are unable to explain the data, but that a simple model of similarity-based global cumulative imitation can … three other games. The theoretical properties of the proposed learning model are studied by means of stochastic …