We propose a framework in order to econometrically estimate case-based learning and apply it to empirical data from twelve 2 × 2 mixed strategy equilibria experiments. Case-based learning allows agents to explicitly incorporate information available to the experimental subjects in a simple,...

This chapter is concerned with the empirical exploration and experimental investigation of the numerous theories of decision making under uncertainty proposed in the earlier chapters of this handbook. This chapter begins with static theories of behavior under risk ; then we look at dynamic...