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Chmura, Thorsten; Goerg, Sebastian J.; Selten, Reinhard - 2008

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...

Persistent link: https://www.econbiz.de/10003850391

Imitation equilibrium

Selten, Reinhard; Ostmann, Axel - 2000

The paper presents the concept of an imitation equilibrium and explores it in the context of some simple oligopoly models. The concept applies to normal form games enriched by a reference structure specifying a reference group for every player. The reference group is a set of other players, whom...

Persistent link: https://www.econbiz.de/10011538885

How to play 3x3-games : a strategy method experiment

Selten, Reinhard; Abbink, Klaus; Buchta, Joachim; … - 2000

We report an experiment that uses the strategy method (Selten 1967) to elicit subjects' general strategy for playing …

Persistent link: https://www.econbiz.de/10011539702

A model of the decisive role of central bank cooperation and conflict

Pope, Robin; Selten, Reinhard; Kube, Sebastian; Kaiser, … - 2007

classified as equilibrating. -- central bank ; cooperation ; conflict ; exchange rate ; experiment ; market power ; heuristics …

Persistent link: https://www.econbiz.de/10003612858

How payment systems affect physicians' provision behaviour : an experimental investigation

Hennig-Schmidt, Heike; Selten, Reinhard; Wiesen, Daniel - 2009

introduce a controlled laboratory experiment to analyze the influence of fee-for-service (FFS) and capitation (CAP) payments on … physicians are paid by FFS. -- Physician payment system ; laboratory experiment ; incentives ; fee-for-service ; capitation …

Persistent link: https://www.econbiz.de/10003943860

How payment systems affect physicians' provision behaviour : an experimental investigation

Hennig-Schmidt, Heike; Selten, Reinhard; Wiesen, Daniel - 2011 - Revised version of discussion paper 29/2009

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 services. In our experiment, physicians choose quantities of medical … fee-for-service (capitation). -- Physician payment system ; laboratory experiment; incentives ; fee …

Persistent link: https://www.econbiz.de/10009126083

Learning direction theory and the winners curse

Selten, Reinhard; Abbink, Klaus; Cox, Ricarda - 2001

We report an experiment on a decision task by SAMUELSON and BAZERMAN (1985). Subjects submit a bid for an item with an …

Persistent link: https://www.econbiz.de/10011539130

Stationary concepts for experimental 2X2 games

Selten, Reinhard (contributor); Chmura, Thorsten (contributor) - 2005

Four stationary concepts for completely mixed 2x2 games are experimentally compared: Nash equilibrium, quantal response equilibrium, sample-7 equilibrium and impulse balance equilibrium. Experiments on 12 games, 6 constant sum games and 6 non-constant sum games were run with 12 independent...

Persistent link: https://www.econbiz.de/10003185759

Experiments and simulations on day-to-day route choice-behaviour

Selten, Reinhard; Schreckenberg, Michael; Pitz, Thomas; … - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001828715

Die konzeptionellen Grundlagen der Spieltheorie einst und jetzt

Selten, Reinhard - 2001

Das fundamentale Werk von John von Neumann und Oskar Morgenstern (1944) hat die Spieltheorie als Gebiet begründet. Es …

Persistent link: https://www.econbiz.de/10011539639