learning process of individuals with different preference types (more and less pro-social) and coarse information regarding the …

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 …

. Overconfidence ; Learning ; Risk Taking ; Selbstüberschätzung ; Lernen ; Risikoübernahme …

social interactions, and on behavioral foundations of learning and innovation. …

naïve learning rules. In fact, more sophisticated, e.g. recursive least squares (RLS) expectations produce less accurate …