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the very idea of "rationality" are derived entities. Which of the primitive tale is chosen bears far-reaching consequences … away from rationality-cum-equilibrium interpretations and of focusing on the varying balances between self …
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The paper presents a new meta data set covering 13 experiments on the social learning games by Bikhchandani, Hirshleifer, and Welch (1992). The large amount of data makes it possible to estimate the empirically optimal action for a large variety of decision situations and ask about the economic...
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