Fictitious play and "gradient" learning are examined in the context of a large population where agents are repeatedly … randomly matched. We show that the aggregation of this learning behaviour can be qualitatively di®erent from learning at the …

This paper examines the evolution of agent strategies in a commons dilemma using a tag interaction model. Using a tag … experiments examine the impact of openness on the evolution of agent strategies. The paper shows the emergence of cooperation …

This paper considers the impact of heterogeneous gain learning in an asset pricing model. A relatively stylized model … of U.S financial data. The detailed mechanisms of the learning models are then explored. Evidence suggests that agents …

This article analyses the possibility of firms learning collusive solutions in a Cournot quantity game. Starting from … learning (imitation), and (updated) memory in helping firms to discover more collusive market configurations than those of the …

What is the debate on Learning Organizations all about? In this paper we propose to demonstrate that the necessity to … years, makes of learning a condition of survival for any organization, whether individual, company, school or nation. More …-time Learning Organization? How can people forget their stifling Industrial-Era education and recover their natural strive to reach …

This paper explores the evolution of environmental assessment (EA) debates over the last decade within the South …

learning or evolution processes followed by boundedly rational players, however observing the past plays. A Nash equilibrium …