novices learning from experienced, a particular form of probabilistic imitation is selected. Novices should imitate any …

Three results emerge from a simple experiment on imitation. First, I find behavior which strongly suggests an intention … memory. The experiment analyzes imitation in an individual learning context. It supplements the results obtained for … imitation in evolutionary processes. -- imitation ; learning ; memory ; experiments …

Three results emerge from a simple experiment on imitation. First, I find behavior which strongly suggests an intention … memory. The experiment analyzes imitation in an individual learning context. It supplements the results obtained for … imitation examples, players use several periods of memory. This lends support to learning models with a non-trivial role of …

players with stronger signals may experiment after those with weaker signals. We show that in this more general environment …

We designed four observational learning experiments to identify the key channels that, along with Bayes …-rational inferences, drive herd behavior. In Experiment 1, unobserved, whose actions remain private, learn from the public actions made in … actions, but they overweight their low quality signals relative to public information. Experiments 2-4 reveal that non …

We study a boundedly rational model of imitation when payoff distributions of actions differ across types of …

present results of experiments in which two, three and four identical firms repeatedly interact in this environment. Less … not predicted by conventional equilibrium theories. This phenomenon can be captured by a simple imitation model and by a … data from three new treatments to properly test the imitation model against the focal point notion. -- Laboratory …

be imitative in round two but can be imitative starting round three. A simple linear imitation rule even causes all to … learn the best action in the long run. The informational setting is varied to further investigate the role of imitation …