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This paper presents an experimental investigation of optimal learning in repeated coordination games. We find evidence for such learning when we limit both the cognitive demands on players and the information available to them. We also find that uniqueness of the optimal strategy is no guarantee...
Persistent link: https://www.econbiz.de/10005560345
The proportional hazard model with unobserved heterogeneity gives the hazard function of a random variable conditional on covariates and a second random variable representing unobserved heterogeneity. This paper shows how to estimate the baseline hazard function and the distribution of the...
Persistent link: https://www.econbiz.de/10005560347
Persistent link: https://www.econbiz.de/10005560348
Persistent link: https://www.econbiz.de/10005560349
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Persistent link: https://www.econbiz.de/10005560352
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