Ho, Teck-Hua; Camerer, Colin F.; Chong, Juin-Kuan - California Institute of Technology, Division of the … - 2001
EWA Lite is a one-parameter theory of learning in normal-form games. It approximates the free parameters in an earlier model (EWA) with functions of experience. The theory is tested on seven different games and compared to other learning and equilibrium theories. Either EWA Lite or parameterized...