Chmura, Thorsten; Goerg, Sebastian J.; Selten, Reinhard - In: Games and Economic Behavior 76 (2012) 1, pp. 44-73
In this paper, we introduce two new learning models: action-sampling learning and impulse-matching learning. These two … are two-fold: while the simulations with impulse-matching and action-sampling learning successfully replicate the … experimental data on the aggregate level, individual behavior is best described by self-tuning EWA. Nevertheless, impulse-matching …