Showing 1 - 10 of 6,947
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 …We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a …
Persistent link: https://www.econbiz.de/10003379095
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 …We use an experiment to explore how subjects learn to play against computers which are programmed to follow one of a …
Persistent link: https://www.econbiz.de/10014061547
We analyze a symmetric n-firm Cournot oligopoly with a heterogeneous population of optimizers and imitators. Imitators mimic the output decision of the most successful firms of the previous round à la Vega-Redondo (1997). Optimizers play a myopic best response to the opponents' previous output....
Persistent link: https://www.econbiz.de/10010366551
We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In … our theoretical analysis we find that the different predictions of previous imitation models are due to different … laboratory experiment we test the different theories by systematically varying information conditions. We find significant …
Persistent link: https://www.econbiz.de/10010366552
We introduce a generalized theoretical approach to study imitation models and subject themodels to rigorous … experimental testing. In our theoretical analysis we find that the differentpredictions of previous imitation models are due to …. In alaboratory experiment we test the different theories by systematically varying informationconditions. We find that …
Persistent link: https://www.econbiz.de/10011509505
We introduce a generalized theoretical approach to study imitation and subject it to rigorous experimental testing. In … our theoretical analysis we find that the different predictions of previous imitation models are due to different … laboratory experiment we test the different theories by systematically varying information conditions. We find significant …
Persistent link: https://www.econbiz.de/10003023525
assumption is robust in experiments, which is in contrast to experimental results on price competition …
Persistent link: https://www.econbiz.de/10014029080
We introduce a generalized theoretical approach to study imitation models and subject the models to rigorous … experimental testing. In our theoretical analysis we find that the different predictions of previous imitation models are due to …. In a laboratory experiment we test the different theories by systematically varying information conditions. We find that …
Persistent link: https://www.econbiz.de/10013319694
We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our … information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …
Persistent link: https://www.econbiz.de/10013295651
We conduct a series of Cournot duopoly market experiments with a high number of repetitions and fixed matching. Our … information, our data confirm the well-known result that duopoly players achieve, on average, partial collusion. However, as soon …
Persistent link: https://www.econbiz.de/10014487322