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Communication-enhancing vagueness
Wood, Daniel H. - In: Games 13 (2022) 4, pp. 1-27
I experimentally investigate how vague language changes the nature of communication in a biased strategic information transmission game. Counterintuitively, when both precise and imprecise messages can be sent, in aggregate, senders are more accurate, and receivers trust them more than when only...
Persistent link: https://www.econbiz.de/10013367782
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Belief formation in a signalling game without common prior : an experiment
Possajennikov, Alexandre - 2012
Using belief elicitation, the paper investigates the formation and the evolution of beliefs in a signalling game in which a common prior on Sender's type is not induced. Beliefs are elicited about the type of the Sender and about the strategies of the players. The experimental subjects often...
Persistent link: https://www.econbiz.de/10009535526
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Preferences-Dependent Learning in the Centipede Game
Gamba, Astrid - 2015
learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the …
Persistent link: https://www.econbiz.de/10013014085
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Behavioral and experimental macroeconomics and policy analysis : a complex systems approach
Hommes, Cars H. - 2018
This survey discusses behavioral and experimental macroeconomics emphasizing a complex systems perspective. The economy consists of boundedly rational heterogeneous agents who do not fully understand their complex environment and use simple decision heuristics. Central to our survey is the...
Persistent link: https://www.econbiz.de/10011929804
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Loss aversion and learning to bid
Dittrich, Dennis Alexis Valin; Güth, Werner; Kocher, Martin - Max-Planck-Institut für Ökonomik <Jena> - Abteilung … - 2005
Bidding challenges learning theories since experiences with the same bid vary stochastically:the same choice can result … learning theories. Our experimental results suggest that a version of reinforcementlearning which accounts for loss aversion …
Persistent link: https://www.econbiz.de/10005866949
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Preferences-dependent learning in the Centipede game
Gamba, Astrid; Regner, Tobias - 2015
learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the …
Persistent link: https://www.econbiz.de/10011326679
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Social Learning in Networks : Theory and Experiments
Mueller-Frank, Manuel - 2014
This paper presents a non-Bayesian model of social learning in networks in an environment with a finite set of actions …
Persistent link: https://www.econbiz.de/10013062835
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Learning and Transfer of Learning with No Feedback : An Experimental Test Across Games
Weber, Roberto A. - 2003
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 …
Persistent link: https://www.econbiz.de/10014087372
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Learning frames
Daskalova, Vessela; Vriend, Nicolaas J. - 2021
suggests a trade-off of using coarser versus finer representations of the strategy set when it comes to learning. …
Persistent link: https://www.econbiz.de/10012608716
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Learning frames
Daskalova, Vessela; Vriend, Nicolaas J. - 2021
suggests a trade-off of using coarser versus finer representations of the strategy set when it comes to learning. …
Persistent link: https://www.econbiz.de/10012602347