learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the …

study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account cognitive skills … losses from high bids are more salient than in SPAs. Experience in FPAs causes substantial cross-game learning for … bid shading by cognitively more able participants, resulting in lower profits in FPAs. Thus, cross-game learning has the …

ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account …-game learning for cognitively less able participants but does not affect overbidding for the cognitively more able. Vice versa …, 'cross-game learning' may rather be understood as 'cross-game transfer', as it has the potential to benefit bidders with …

learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the …

Bidding challenges learning theories since experiences with the same bid vary stochastically:the same choice can result … learning theories. Our experimental results suggest that a version of reinforcementlearning which accounts for loss aversion …

dynamics considerably differ between gain and loss domains. For gains, learning to be comparably ambiguity averse increases the …

This paper proposes a behavioral model of social learning that unies various forms of inferential reasoning in one … present evidence from three sources that these are the prevalent types of reasoning in social learning: a review of social … learning studies, existing data from Celen and Kariv (2004) as well as new experimental data that includes written accounts of …

equilibrium of the game does not organize the individual data, two individual learning models are studied: one following a … predictive value of such learning models is found to be poor. …