number of standard learning algorithms. The learning theories are (unbeknown to subjects) a best response process, fictitious … play, imitation, reinforcement learning, and a trial & error process. We test whether subjects try to influence those … and that all learning algorithms are subject to exploitation with the notable exception of imitation. The experiment was …

While many learning models have been proposed in the game theoretic literature to track individuals’ behavior … learning models in light of a laboratory experiment on responsiveness in a lowinformation dynamic game subject to changes in … its underlying structure. While history-dependent reinforcement learning models track convergence of play well in repeated …

purification with recent results from the rational learning literature. …

of evolutionary and learning processes in this game. Only the continuous best response dynamic uniquely selects the … Stackelberg outcome under noise. All other dynamics analyzed allow for the Cournot equilibrium to be selected. In typical cases … Cournot is the unique long run outcome even for vanishing noise in the signal. …

Earlier experiments have shown that under little information subjects are hardly able to coordinate even though there …, (ii) the resulting efficiency loss, and (iii) the adjustment of the learning rule. …