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We introduce a computer program which calculates an agentʼs optimal behavior according to case-based decision theory (Gilboa and Schmeidler, 1995) and use it to test CBDT against a benchmark set of problems from the psychological literature on human classification learning (Shepard et al.,...
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We propose a framework in order to econometrically estimate case-based learning and apply it to empirical data from twelve 2 × 2 mixed strategy equilibria experiments. Case-based learning allows agents to explicitly incorporate information available to the experimental subjects in a simple,...
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We test how fast and slow thought processes affect cooperation for sustainability by manipulating time pressure in a dynamic common-pool resource experiment. Sustainable management of shared resources critically depends on decisions in the current period to leave enough stock so that future...
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