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probability estimations and outcome preferences according to the learning models suggested by neuroscience (i.e., adaptive … learning aimed at reducing surprises), and analogous to Bayesian updating. The search context is derived from experimental … economics, whereas the learning framework is borrowed from theoretical economics. Analytical results show that obstinate and …
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Response times are a simple low-cost indicator of the process of reasoning in strategic games. In this paper, we leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on average when they...
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Response times are a simple low-cost indicator of the process of reasoning in strategic games (Rubinstein, 2007; Rubinstein, 2016). We leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on...
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