Strategy Similarity and Coordination.

This paper introduces similarity among strategies in the payoff assessment model of choice (Sarin and Vahid (1999, GEB)). The assessments of strategies that are more similar to the chosen strategy are updated more similarly to the chosen strategy. We use this model to explain a recent experiment.

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Year of publication:	2001-07
Authors:	Vahid, F. ; Sarin, R.
Institutions:	Department of Econometrics and Business Statistics, Monash Business School
Subject:	Econometric analysis of experimental data \| Adaptive learning \| Similarity \| Coordination games \| Payoff assessments without probabilities

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Extent:	application/pdf
Series:	Monash Econometrics and Business Statistics Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 8/01 23 pages
Classification:	C70 - Game Theory and Bargaining Theory. General ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; D80 - Information and Uncertainty. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005581121