Showing 1 - 10 of 21
games offer new opportunities to identify learning rules, since on networks (compared to e.g. random matching) more rules …We report the findings of an experiment designed to study how people learn and make decisions in network games. Network … participants choose and which information they consult before making their choices. We use this information to estimate learning …
Persistent link: https://www.econbiz.de/10011145661
This paper studies the learning process carried out by two agents who are involved in many games. As distinguishing all … equilibrium partitions and action choices characterized. Learning across games can destabilize strict Nash equilibria even for … games can be too costly (require too much reasoning resources) agents might partition the set of all games into categories …
Persistent link: https://www.econbiz.de/10011049900
“structurally similar” games. These spillovers are inconsistent with existing theories of learning in games. …We conduct a laboratory experiment and provide evidence of learning spillovers within and across equivalence classes of …
Persistent link: https://www.econbiz.de/10011116220
matched to interact in finitely repeated games. They form beliefs by learning from past behavior of others and then best …” efficiency condition. We then characterize stochastically stable states in a class of 2×2 games and show that under certain … conditions the efficient action in Prisoner's Dilemma games and coordination games can be singled out as uniquely stochastically …
Persistent link: https://www.econbiz.de/10011116889
there are learning spillovers across games but participants learn to play strategically equivalent games in the same way …We study how players learn to make decisions if they face many different games. Games are drawn randomly from a set of … either two or six games in each of 100 rounds. If either there are few games or if extensive summary information is provided …
Persistent link: https://www.econbiz.de/10010594319
We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the … evidence that participants do extrapolate between games. Playing a strategically different game hurts compared to the control … the Coordination games. Playing a strategically similar game before leads to faster convergence to Nash equilibrium in the …
Persistent link: https://www.econbiz.de/10008828406
We study extrapolation between games in a laboratory experiment. Participants in our experiment first play either the … evidence that participants do extrapolate between games. Playing a strategically different game hurts compared to the control … the Coordination games. Playing a strategically similar game before leads to faster convergence to Nash equilibrium in the …
Persistent link: https://www.econbiz.de/10010272485
We report the findings of experiments designed to study how people learn in network games. Network games offer new … opportunities to identify learning rules, since on networks (compared to, e.g., random matching) more rules differ in terms of their … information they consult before making their choices. We use these data to estimate learning types using finite mixture models …
Persistent link: https://www.econbiz.de/10011995513
Persistent link: https://www.econbiz.de/10010506579
Persistent link: https://www.econbiz.de/10011296530