disagreement regardless of cognitive ability. Learning about the state of the world has little effect on the evolution of perceived …

the nature of the task at the second date further shows that learning is unencumbered by a change in environment. Our …

ability. We study experimentally to what extent cross-game learning can reduce overbidding in SPAs, taking into account …-game learning for cognitively less able participants but does not affect overbidding for the cognitively more able. Vice versa …, 'cross-game learning' may rather be understood as 'cross-game transfer', as it has the potential to benefit bidders with …

implementation of a forecasting process at the Bundesbank, we benchmark statistical and machine learning methods on demand and supply …

econometric learning scheme as proposed by Laubach, Tetlow, and Williams (2007) in the estimation and compare the results to those … form their expectations according to the learning approach. …

This paper introduces a reinforcement learning based approach to compute optimal interest rate reaction functions in …

-negative learning cost and spending one period. If the agent has time-consistent preferences, she always chooses to learn whenever the … learning is beneficial. If the agent has time-inconsistent preferences, however, she may procrastinate such a learning …), the procrastination of learning can occur even when the learning cost is zero. The procrastination also leads to a non …