Showing 161 - 170 of 752,437
A decision maker asks an adviser repeatedly for advice. The adviser is either competent or incompetent and his preferences are not perfectly aligned with the decision maker's preferences. Over time the decision maker learns about the adviser's type and fires him if he is likely to be...
Persistent link: https://www.econbiz.de/10012995264
Persistent link: https://www.econbiz.de/10011570033
Persistent link: https://www.econbiz.de/10011542064
Persistent link: https://www.econbiz.de/10003395117
This paper considers an infinitely repeated three-player Bayesian game with lack of information on two sides, in which an informed player plays two zero-sum games simultaneously at each stage against two uninformed players. This is a generalization of Aumann, Maschler and Stearns (1995)...
Persistent link: https://www.econbiz.de/10012841729
We present the results of an experiment on learning with minimal information. Particularly, subjects are only provided with feedback about their own payoff from the last period of the game being played, but not with information about the structure of the game. We compare the empirical structure...
Persistent link: https://www.econbiz.de/10012732942
Persistent link: https://www.econbiz.de/10011793488
Persistent link: https://www.econbiz.de/10011549037
Persistent link: https://www.econbiz.de/10010243692
Persistent link: https://www.econbiz.de/10014469907