We report experiments designed to test between Nash equilibria that are stable and unstable under learning. The 'TASP … equilibrium under fictitious play like learning processes. We use two 4 x 4 games each with a unique mixed Nash equilibrium; one … is stable and one is unstable under learning. Both games are versions of Rock-Paper-Scissors with the addition of a …

cycles in the population mix. The cycle amplitude, frequency and direction are consistent with standard learning models …

We report experiments designed to test between Nash equilibria that are stable and unstable under learning. The “TASP … equilibrium under fictitious play like learning processes. We use two 4 x 4 games each with a unique mixed Nash equilibrium; one … is stable and one is unstable under learning. Both games are versions of Rock-Paper-Scissors with the addition of a …

We report experiments designed to test between Nash equilibria that are stable and unstable under learning. The “TASP … equilibrium under a wide class of learning processes. We study two versions of Rock-Paper-Scissors with the addition of a fourth …

We report experiments designed to test between Nash equilibria that are stable and unstable under learning. The “TASP … equilibrium under fictitious play like learning processes. We use two 4 x 4 games each with a unique mixed Nash equilibrium; one … is stable and one is unstable under learning. Both games are versions of Rock-Paper-Scissors with the addition of a …

cycles in the population mix. The cycle amplitude, frequency and direction are consistent with standard learning models … some regularities that NE misses. -- experiments ; learning ; mixed equilibrium ; continuous time …

learning model suggests that subjects react reliably to ex-post losses due to early investment, but react more strongly to … missed investment opportunities. Simulations show that this unbalanced learning process converges on a nearly optimal steady …

We study human learning in a individual choice laboratory task called Orange Juice Futures price forecasting (OJF), in …. The 99 subjects each forecast in 480 trials with feedback after each trial. Learning is tracked for each subject fitting … the forecasts to the independent variables in a rolling regression. Results include: (1) learning is fairly consistent in …