Bigoni, Maria; Fort, Margherita - Institute for the Study of Labor (IZA) - 2013
choices with data on the information acquisition process they follow. Subjects play a repeated Cournot oligopoly, with limited … a priori information. The econometrics hinges on a model built upon Experience Weighted Attraction learning, and the … simultaneous analysis of data on the information gathered and on actions taken by the subjects. Results suggest that learning is a …