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the context of daily life does not differ between the two groups. We therefore conclude that learning through experience …
Persistent link: https://www.econbiz.de/10012103380
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, incentive mechanisms, repeated trials and learning. The hope is that increasing awareness on some sharing methodologies will …
Persistent link: https://www.econbiz.de/10005626840
opportunities to identify learning rules, since on networks (compared to, e.g., random matching) more rules differ in terms of their … information they consult before making their choices. We use these data to estimate learning types using finite mixture models … find that learning depends on network position. Participants in more complex environments (with more network neighbors …
Persistent link: https://www.econbiz.de/10011884406
In this note, we present a novel computerized real effort task based on moving sliders across a screen which overcomes many of the drawbacks of existing real effort tasks. The task was first developed and used by us in Gill and Prowse (American Economic Review, forthcoming). We outline the...
Persistent link: https://www.econbiz.de/10013122979
laboratory experiments ; learning and time effects ; Individual heterogeneity …
Persistent link: https://www.econbiz.de/10009309478
In this paper, we discuss learning behavior and the heterogeneity of subjects' ability to perform in real-effort tasks …. Afterwards, we present a novel variant of Erkal et al.'s (2011) encryption real-effort task which aims to minimize learning …-randomization mechanism to minimize learning and heterogeneity. Existing experiments with repeated real-effort tasks find a performance …
Persistent link: https://www.econbiz.de/10011807098
We utilize a laboratory experiment to compare effort provision under optimal tournament contracts with different distributions of prizes which motivate agents to compete to be first, avoid being last, or both. We find that the combined tournament contract incorporating both incentives at the top...
Persistent link: https://www.econbiz.de/10011337036
. The results show that reinforcement learning leads to dynamics similar to those observed in standard public goods games … explained by reinforcement learning. According to our estimates, learning only accounts for 41 percent of the decay in …, differ strongly from the learning dynamics, while a learning model estimated from the limited information treatment tracks …
Persistent link: https://www.econbiz.de/10011343917
reinforcement learning. …
Persistent link: https://www.econbiz.de/10010340563