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the game is accomplished using such concepts as p-beliefs and p-dominant strategy (Monderer and Samet, 1989, and Morris …
Persistent link: https://www.econbiz.de/10011600156
We present a dynamic theory of electoral competition to study the determinants of fiscal policy. In each period, two …
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learning cannot generate the kind of contribution dynamics commonly attributed to the existence of conditional cooperators. We … learning. -- voluntary contribution mechanism ; public goods experiments ; learning ; limited information ; confusion …
Persistent link: https://www.econbiz.de/10009690143
. 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/10009735336
Using a laboratory experiment, we behaviourally study the impact of a sudden increase in the common-pool size on within …
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equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences … different cognitive abilities learn differently, we estimate a structural model of learning based on level-k reasoning. We find …
Persistent link: https://www.econbiz.de/10014041000
opponents rather than learning about the game as such. Here we test in an experiment whether players in a repeated encounter can …Recently there has been much work on learning in games. However, learning usually means learning about behavior of …
Persistent link: https://www.econbiz.de/10014118207