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We experimentally investigate coordination games in which cognition plays an important role, i.e., where outcomes are affected by the agents level of understanding of the game and the beliefs they form about each others' understanding. We ask whether and when repeated exposure permits agents to...
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We analyze simple adaptive learning processes to model the evolution of effective communication in cheap-talk games with initially meaningless signals. We suggest that learning rules may be sensitive to the information available to players at the population level. As a consequence, learning...
Persistent link: https://www.econbiz.de/10005755343