all stylized facts observed in aggregate price fluctuations and individual forecasting behaviour in recent learning to …

How do people learn? We assess, in a distribution-free manner, subjects' learning and choice rules in dynamic two …-armed bandit (probabilistic reversal learning) experiments. To aid in identification and estimation, we use auxiliary measures of … subjects' beliefs, in the form of their eye-movements during the experiment. Our estimated choice probabilities and learning …

Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 … order shown by Selten and Chmura. This result supports our view that learning in networks is different from learning in …

effect. Overall we find that social learning, whether or not the behavior of others is truly informative, plays a large role …

straightforward behavior is predicted by Harsanyi and Selten's (1988) equilibrium selection theory as well as alternative solution … decision rules, and that only a quarter of them decide according to the toss of a fair coin. Reinforcement learning is the most …

-payoff-maximizing offer. Second, considering a range of learning theories (from optimal to boundedly rational), we explain that this is an … inherent feature of the learning task faced by the proposers, and we provide some insights into the actual learning behavior of …