Showing 1 - 10 of 1,295
understand better how subjects with different cognitive abilities learn differently, we estimate a structural model of learning … ability to that of character skills, and find that both cognition and personality affect behavior and learning. More agreeable …
Persistent link: https://www.econbiz.de/10010364492
Persistent link: https://www.econbiz.de/10010365624
Persistent link: https://www.econbiz.de/10012593238
Persistent link: https://www.econbiz.de/10015078773
Persistent link: https://www.econbiz.de/10015110471
Persistent link: https://www.econbiz.de/10001402334
Persistent link: https://www.econbiz.de/10001402337
Persistent link: https://www.econbiz.de/10000598227
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 …
Persistent link: https://www.econbiz.de/10014025449
People often form mental models based on incomplete information, revising them as new relevant data becomes available. In this paper, we experimentally investigate how individuals update their models when data on predictive variables are gradually revealed. We find that people's models tend to...
Persistent link: https://www.econbiz.de/10015203464