Showing 161 - 167 of 167
We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the dominance solvable guessing game or a Coordination version of the guessing game for five rounds. Afterwards they play a 3x3 normal form game for ten rounds with random matching...
Persistent link: https://www.econbiz.de/10010272485
but also partial learning. Second, we test whether the conclusion also holds if there is uncertainty about abatement costs … environmental agreements. Later papers confirmed this negative conclusion about the role of learning. In the light of intensified … a more general setting without restriction on the number of players and which considers not only no and full learning …
Persistent link: https://www.econbiz.de/10010272496
Uncertainty plays a key role in the economics of climate change, and the discussions surrounding its implications for climate policy are far from settled. We give an overview of the literature on uncertainty in integrated assessment models of climate change and identify some future research...
Persistent link: https://www.econbiz.de/10010279401
broadcast or sent via shortest paths; only connection density matters. In contrast, homophily substantially slows learning based …
Persistent link: https://www.econbiz.de/10010279447
We study learning and influence in a setting where agents communicate according to an arbitrary social network and …
Persistent link: https://www.econbiz.de/10010312406
simultaneously. We propose a decentralized, completely uncoupled learning process in such environments that leads to stable and … sell-side). This simple and intuitive learning process implements core allocations even though agents have no knowledge of …
Persistent link: https://www.econbiz.de/10010313218
I examine a setting, where an information sender conducts research into a payoff-relevant state variable, and releases information to agents, who consider joining a coalition. The agents' actions can cause harm by contributing to a public bad. The sender, who has commitment power, by designing...
Persistent link: https://www.econbiz.de/10011662438