Showing 1 - 10 of 5,705
We present an experiment for the study of learning in a complex task which requires both memorisation and the ability … to process several pieces of information. The outcome of an action, for which immediate feedback is given, depends on the …. These theories are modified after feedback, however mistaken answers are repeated and correct answers abandoned. During the …
Persistent link: https://www.econbiz.de/10014223185
rationality behaviour by people. Quite recent developments in the Economics of Knowledge, i.e. the so-called learning models, have …
Persistent link: https://www.econbiz.de/10011502970
Using belief elicitation, the paper investigates the formation and the evolution of beliefs in a signalling game in which a common prior on Sender's type is not induced. Beliefs are elicited about the type of the Sender and about the strategies of the players. The experimental subjects often...
Persistent link: https://www.econbiz.de/10009535526
learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the …
Persistent link: https://www.econbiz.de/10011326679
In this paper we present experimental evidence suggesting that observational learning (i.e. learning by not doing but … by observing) may outperform learning by doing …
Persistent link: https://www.econbiz.de/10014123288
We report on an experiment testing the empirical relevance of least squares (LS) learning, a common way of modelling … in the independent variable of the model. We consider several alternatives to least squares learning and find evidence …
Persistent link: https://www.econbiz.de/10014078469
We investigate how the selection process of a leader affects team performance with respect to social learning. We use a … models of social learning to investigate the micro-level mechanisms. We find that overconfidence and conservatism contribute …
Persistent link: https://www.econbiz.de/10012952028
This paper introduces a model of boundedly rational observational learning, which is rationally founded and applicable …
Persistent link: https://www.econbiz.de/10013027986
We conducted laboratory experiments to investigate how private and public information affect the selection and timing … of technology adoption. Our experiments extend the standard herding model to more accurately represent the innovation …
Persistent link: https://www.econbiz.de/10013035338
game theoretic learning paradigm. Eye-tracking is used to observe what information subjects look at in 4x4 normal …-form games; the eye-tracking results favor sophisticated learning over adaptive learning and lend support to anticipatory or … sophisticated models of learning in which subjects look at payoffs of other players to anticipate what those players might do. The …
Persistent link: https://www.econbiz.de/10013156616