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Coordination in Networks Formation: Experimental Evidence on Learning and Salience

Galizzi, Matteo; Bernasconi, Michele - 2005

We present experiments on repeated non-cooperative network formation games, based on Bala and Goyal (2000). We treat … coordination problems. We conduct experiments under various conditions which control for salient labeling and learning dynamics …. Contrary to previous experiments, we find that coordination on non-empty Strict Nash equilibria is not an easy task for …

Persistent link: https://www.econbiz.de/10010312592

Testing the TASP: An experimental investigation of learning in games with unstable equilibria

Cason, Timothy N.; Friedman, Daniel; Hopkins, Ed - 2009

We report experiments designed to test between Nash equilibria that are stable and unstable under learning. The 'TASP …

Persistent link: https://www.econbiz.de/10010288137

Can you guess the game you're playing?

Oechssler, Joerg; Schipper, Burkhard - 2000

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...

Persistent link: https://www.econbiz.de/10011539825

It's all about Connections: Evidence on Network Formation

Falk, Armin; Kosfeld, Michael - 2003

(strict) Nash networks in the 1-way flow model but a negative impact in the 2-way flow model. In our discussion on possible …

Persistent link: https://www.econbiz.de/10010262760

Cournot Competition between Teams: An Experimental Study

Schipper, Burkhard C.; Raab, Philippe - 2004

experiments in contrast to analog experimental results on price-competition in the literature. …

Persistent link: https://www.econbiz.de/10010263110

Rage Against the Machines: How Subjects Learn to Play Against Computers

Dürsch, Peter; Kolb, Albert; Oechssler, Jörg; … - 2005

We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious play, imitation, reinforcement learning, and a trial...

Persistent link: https://www.econbiz.de/10010263153

Experimentally Observed Imitation and Cooperation in Price Competition on the Circle

Selten, Reinhard; Apesteguia, José - 2002

willingness to pay. Experiments, extended over 200 periods, were run with 3, 4, and 5 participants. Subjects did not receive any …

Persistent link: https://www.econbiz.de/10010270575

Imitation - Theory and Experimental Evidence

Apesteguia, José; Huck, Steffen; Oechssler, Jörg - 2003

We introduce a generalized theoretical approach to study imitation models and subject the models to rigorous experimental testing. In our theoretical analysis we find that the different predictions of previous imitation models are due to different informational assumptions, not to different...

Persistent link: https://www.econbiz.de/10010270576

Imitation and the evolution of Walrasian behavior: theoretically fragile but behaviorally robust

Apesteguia, José; Huck, Steffen; Oechssler, Jörg; … - 2008

identical actions will be played some fraction of the time in the long run. We then conduct experiments to check this fragility …

Persistent link: https://www.econbiz.de/10010270592

Imitation - Theory and Experimental Evidence -

Apesteguia, Jose; Huck, Steffen; Oechssler, Jörg - 2005

We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In our theoretical analysis we find that the different predictions of previous imitation models are due to different informational assumptions, not to different behavioral rules....

Persistent link: https://www.econbiz.de/10011422119