conduct a Learning to Forecast Experiment and show that eigenvalues can be used as predictors of stability in such a higher …

version of a cobweb model. In an evolutionary learning set-up, which is imitative, principals can have different beliefs about …

We study learning in a large class of complete information normal form games. Players continually face new strategic … situations and must form beliefs by extrapolation from similar past situations. We characterize the long-run outcomes of learning … in learning may generate contagion of actions across games even if players learn only from games with payoffs very close …

developments in learning and game theory, transaction costs and evolutionary economics to provide new insights into economic and … into account learning possibilities, decisions by groups and economic organizations including optimal communication within …

economic laboratory experiment. The underlying theoretical framework relies on the modeling concepts from game theory and …