of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment … understand better how subjects with different cognitive abilities learn differently, we estimate a structural model of learning … ability to that of character skills, and find that both cognition and personality affect behavior and learning. More agreeable …

This paper reports results of a 100-round Yes-No game experiment conducted under the random matching protocol. In …’s offer. Although both games have the same solution outcome (i.e., the proposer offers the smallest possible amount and the … their repeated ultimatum bargaining experiment. Our main interest is which dynamics emerge when proposers and responders …

behavioural models suggested by psychology (i.e., weighted probabilities applied to regret and rejoice theory), and by updating … probability estimations and outcome preferences according to the learning models suggested by neuroscience (i.e., adaptive … learning aimed at reducing surprises), and analogous to Bayesian updating. The search context is derived from experimental …