Ponti, Giovanni; Carbone, Enrica - In: Research in economics : an international review of economics 63 (2009) 4, pp. 225-241
We propose (and test experimentally) a model of observational learning in which players have social preferences. To this end, we design an experiment–based on a classic parlor game known as the Chinos Game–in which we vary (by way of an exogenous iid stochastic process) the probability of...