Narrow search
Showing 1 - 10 of 2,639
Cover Image
Strategic Experimentation and Disruptive Technological Change
Schivardi, Fabiano; Schneider, Martin - C.E.P.R. Discussion Papers - 2005
. We consider a dynamic game in which firms improve both a new and a rival old technology while learning about the relative …
Persistent link: https://www.econbiz.de/10005504449
Cover Image
Cognitive ability, character skills, and learning to play equilibrium : a level-k analysis
Gill, David; Prowse, Victoria L. - 2014
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 …
Persistent link: https://www.econbiz.de/10010364492
Cover Image
A partial folk theorem for games with private learning
Wiseman, Thomas - In: Theoretical economics : TE ; an open access journal in … 7 (2012) 2, pp. 217-239
The payoff matrix of a finite stage game is realized randomly, and then the stage game is repeated infinitely. The distribution over states of the world (a state corresponds to a payoff matrix) is commonly known, but players do not observe nature’s choice. Over time, they can learn the state...
Persistent link: https://www.econbiz.de/10011690752
Cover Image
Bandits in the lab
Hoelzemann, Johannes; Klein, Nicolas Alexandre - In: Quantitative economics : QE ; journal of the … 12 (2021) 3, pp. 1021-1051
We experimentally implement a dynamic public-good problem, where the public good in question is the dynamically evolving information about agents' common state of the world. Subjects' behavior is consistent with free-riding because of strategic concerns. We also find that subjects adopt more...
Persistent link: https://www.econbiz.de/10012598548
Cover Image
Learning in networks: An experimental study using stationary concepts
Berninghaus, Siegfried K.; Neumann, Thomas; Vogt, Bodo - 2011
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 … order shown by Selten and Chmura. This result supports our view that learning in networks is different from learning in …
Persistent link: https://www.econbiz.de/10010304449
Cover Image
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/10011348202
Cover Image
A partial folk theorem for games with private learning
Wiseman, Thomas - In: Theoretical Economics 7 (2012) 2, pp. 217-239
The payoff matrix of a finite stage game is realized randomly, and then the stage game is repeated infinitely. The distribution over states of the world (a state corresponds to a payoff matrix) is commonly known, but players do not observe nature’s choice. Over time, they can learn the state...
Persistent link: https://www.econbiz.de/10011599461
Cover Image
A dynamic model of censorship
Sun, Yiman - In: Theoretical Economics 19 (2024) 1, pp. 29-60
We study the interaction between an agent of uncertain type, whose project gives rise to both good and bad news, and an evaluator who must decide if and when to fire the agent. The agent can hide bad news from the evaluator at some cost, and will do so if this secures her a significant increase...
Persistent link: https://www.econbiz.de/10014537007
Cover Image
Investigating peer and sorting effects within an adaptive multiplex network model
Lipari, Francesca; Stella, Massimo; Antonioni, Alberto - In: Games 10 (2019) 2, pp. 1-12
multiplex network who deal with coordination issues using social learning and payoff-driven dynamics. Agents form their … heterogeneous preference through learning on one layer and they play a pure coordination game on the other layer. People learn from …. We find that the presence of the social learning mechanism explains the rising and the endurance of a segregated society …
Persistent link: https://www.econbiz.de/10012227761
Cover Image
Uncertainty-driven cooperation
Cetemen, Doruk; Hwang, Ilwoo; Kaya, Ayça - In: Theoretical Economics 15 (2020) 3, pp. 1023-1058
We consider dynamic team production in the presence of uncertainty. Team members receive interim feedback that depends on both their current effort level and the project's uncertain prospects. In this environment, each member can encourage the others by making them more optimistic about the...
Persistent link: https://www.econbiz.de/10013189023