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We had participants play two sets of repeated Prisoner’s Dilemma (RPD) games, one with a large continuation probability and the other with a small continuation probability, as well as Dictator Games (DGs) before and after the RPDs. We find that, regardless of which is RPD set is played first,...
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more learning content: asymmetric information, brand loyalty, market share dominance, exit gains through liquidation …. Economic principles are contrasted with classroom game outcomes. Findings indicate better learning outcomes through specific …-to-general strategy sequence, rather than general-to-specific strategy sequence. Cumulative learning is key, within a certain sequence of …
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learning transfers to new games. Current theories of learning model learning as adjustment in behavior in response to feedback … about outcomes and payoffs and largely ignore the possibility that learning may take place in the absence of such feedback … feedback between plays of the game. However, this previous work demonstrates this "no-feedback" learning using a special game …
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