. -- Asymmetric Information ; Adverse Selection ; Learning ; Health Insurance …

certain modes of behavior due to learning by doing. This paper provides discrete-time adjustment processes for strategic games … beliefs supported by observed play in the recent past, in line with much of the literature on learning. These processes … eventually settle down in the minimal prep sets of Voorneveld (2004, 2005). -- adjustment ; learning ; minimal prep sets …

In this paper I define an evolutionary stability criterion for learning rules. Using Monte Carlo simulations, I then … apply this criterion to a class of learning rules that can be represented by Camerer and Ho's (1999) model of learning. This … class contains perturbed versions of reinforcement and belief learning as special cases. A large population of individuals …

player role, is drawn to play and chooses a pure strategy according to her personal learning rule after observing a sample … limit. Applied to 2x2 Coordination Games, the Pareto dominant equilibrium is selected for a sufficiently large sample size …