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We present the results of an experiment on learning in a continuous-time low-information setting. For a dominance …
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We study decentralized learning in organizations. Decentralization is captured through a symmetry constraint on agents' strategies. Among such attainable strategies, we solve for optimal and equilibrium strategies. We model the organization as a repeated game with imperfectly observable actions....
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This paper uses a laboratory experiment to study beliefs and their relationship to action and strategy choices in …
Persistent link: https://www.econbiz.de/10013237492
This paper uses a laboratory experiment to study beliefs and their relationship to action and strategy choices in …
Persistent link: https://www.econbiz.de/10013238795
This paper uses a laboratory experiment to study beliefs and their relationship to action and strategy choices in …
Persistent link: https://www.econbiz.de/10012488895
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In a Bertrand-oligopoly experiment, firms choose whether or not to engage in cartel-like communication and, if so, they …
Persistent link: https://www.econbiz.de/10010401724