learning experiment. We find that virtual communication leads to a substantial deterioration of group rationality for a …-based organizations. To test the robustness of higher group rationality under conditions of virtual communication, we conduct a social … shown for face-toface decision making, which has ceased to be the prevalent form of communication in many IT …

equilibrium, retains equilibrium expectations but adds stochastic response (of which players are aware). Learning theories explain …) or foregone payoffs (model-directed learning). Finally, many studies reject the joint hypothesis of equilibrium …

ability to that of character skills, and find that both cognition and personality affect behavior and learning. More agreeable … of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment … understand better how subjects with different cognitive abilities learn differently, we estimate a structural model of learning …