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. -- Bounded rationality ; social learning ; population game ; differential game ; product life cycle ; monopoly ; competition …
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Recently there has been much theoretical and experimental work on learning in games. However, learning usually means … learning about the strategic behavior of opponents rather than learning about the game as such. In contrast, here we report on … an experiment designed to test whether players learn a) the relevant features of the payoff structure of a 2x2 game (e …
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This paper describes the results of simulation experiments performed on a suite of learning algorithms. We focus on … extremely asynchronous; players update their strategies at very different rates. There are many proposed learning algorithms in … information, asynchronous play, and the degree of responsiveness of the learning algorithm. …
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economic laboratory experiment. The underlying theoretical framework relies on the modeling concepts from game theory and …
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