The purpose of this paper is to reexamine the seminal belief elicitation experiment by Nyarko and Schotter (2002) under … to be employing a simple heuristic alternative to more complex learning models. Simulations of these various belief …

estimated EWA learning models which suffered from overfitting. Subjects modified their strategies in the direction of better … response as calculated from CA simulations of various learning models, albeit not perfectly. Examples include the observation …

, incentive mechanisms, repeated trials and learning. The hope is that increasing awareness on some sharing methodologies will …

We describe a candid model for learning, why and how learning transpires. We investigate the original as well as the … leading conditions of the learning process. We provide an insight into the realm of beliefs and their formation, their … the influence that learning in general has on human behavior. …

Do players in practice make the strategic commitment moves that are predicted by game theory? Since such strategic … moves can appear somewhat counter-intuitive, we conducted an experiment to see if people make the predicted strategic move …. The experiment uses a simple bargaining situation. A player can make a strategic move of committing to not seeing what the …

cause’s major implications and deterrents. Ultimately, this analysis reveals through graph theory the interconnections among …

in the recent literature on the housing bubbles. We suggest that the main causes of the housing bubble from 2000 to 2006 …