This article experimentally explores the way in which human agents learn how to process and manage new information. In … an abstract setting, players should perform an everyday task: selecting information, making generalizations …

to process several pieces of information. The outcome of an action, for which immediate feedback is given, depends on the … down. The theories follow from only a portion of the available information and when they become successful (i.e. towards … the end of the experiment) the subjects start refining them to include a larger subset of the information, this causes …