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Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 … order shown by Selten and Chmura. This result supports our view that learning in networks is different from learning in …
Persistent link: https://www.econbiz.de/10010304449
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 … order shown by Selten and Chmura. This result supports our view that learning in networks is different from learning in …
Persistent link: https://www.econbiz.de/10010286462
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 … order shown by Selten and Chmura. This result supports our view that learning in networks is different from learning in …
Persistent link: https://www.econbiz.de/10009643179
Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 × 2 …, payoff-sampling equilibrium, and impulse balance equilibrium) which represent the long-run equilibrium of a learning process …. Secondly, we relate our results to four different learning models (impulse-matching learning, action-sampling learning, self …
Persistent link: https://www.econbiz.de/10011030494
, simple payoff-based learning rules eventually lead to equilibrium. Such rules have previously been documented for some forms … laboratory setting and finds strong confirmation for key features of payoff-based learning that distinguish it from classical …
Persistent link: https://www.econbiz.de/10013014874
are in the dark about others' actions and the payoff structure.  This paper analyzes learning behavior in such 'black box … we study voluntary contributions games.  We identify two robust features of the players' learning dynamics: search …
Persistent link: https://www.econbiz.de/10011158994
estimated EWA learning models which suffered from overfitting. Subjects modified their strategies in the direction of better … response as calculated from CA simulations of various learning models, albeit not perfectly. Examples include the observation …
Persistent link: https://www.econbiz.de/10005789888
links. This means that in the design of networks there exists a trade-off between the speed of learning and accuracy. …The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by …
Persistent link: https://www.econbiz.de/10010520619
links. This means that in the design of networks there exists a trade-off between the speed of learning and accuracy. …The paper analyzes a dynamic model of rational strategic learning in a network. It complements existing literature by …
Persistent link: https://www.econbiz.de/10010441988
future choices. These considerations motivate a rich research programme on how social networks shape individual and … collective learning. The present paper provides a summary of this research. …
Persistent link: https://www.econbiz.de/10014025688