We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a … play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those … and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …

laboratory experiment we test the different theories by systematically varying information conditions. We find significant …

experiment with more than 6000 subjects, including a subsample of 267 consultants from an international consulting firm. We also …

We investigate how the experience of extreme events, such as the COVID-19 market crash, influence risk-taking behavior …. To isolate changes in risk taking from other factors, we ran controlled experiments with finance professionals in … December 2019 and March 2020. We observe that their investments in the experiment were 12 percent lower in March 2020 than in …