data from coordination games. The analysis shows that the model fits the data well as it matches the key stylized facts. It … suggests a trade-off of using coarser versus finer representations of the strategy set when it comes to learning. …

data from coordination games. The analysis shows that the model fits the data well as it matches the key stylized facts. It … suggests a trade-off of using coarser versus finer representations of the strategy set when it comes to learning. …

are rare. Thus, even in a world of simple learning agents, coordination behavior can take on some surprising forms. …In a coordination game such as the Battle of the Sexes, agents can condition their plays on external signals that can …

reinforcement learning models than with belief-based models. Showing level-2 rationality (i.e., reasoning about others' beliefs) is … egocentric instead. Our results contribute to the understanding of coordination dynamics resting on heterogeneity and co … process level to the validity of modeling behavior using low-rationality reinforcement learning models. …