. Reinforcement learning plays a non-negligible role too, as subjects favor strategies that have yielded higher profits in the past …I propose a novel experimental approach to the study of learning in repeated games, complementing the analysis of … oligopoly, with limited information. The econometrics hinges on a model built upon EWA learning, and simultaneously analyzing …

This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual … makes markets more competitive. Reinforcement learning also plays a role, as subjects favor strategies that have yielded … a priori information. The econometrics hinges on a model built upon Experience Weighted Attraction learning, and the …

This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual … makes markets more competitive. Reinforcement learning also plays a role, as subjects favor strategies that have yielded … a priori information. The econometrics hinges on a model built upon Experience Weighted Attraction learning, and the …

This paper presents an experiment on learning in repeated games, which complements the analysis of players' actual … makes markets more competitive. Reinforcement learning also plays a role, as subjects favor strategies that have yielded … higher profits in the past. -- information ; imitation ; Cournot oligopoly ; EWA learning …

low stakes, there is no evidence for equilibrium play or learning across iterations of the stage game. An adaptive … learning model that assumes updating of the individual probabilities of choice outperforms alternative static and dynamic … models in accounting for the major results observed in the high-stake experiment …

We report experiments designed to test between Nash equilibria that are stable and unstable under learning. The “TASP … equilibrium under fictitious play like learning processes. We use two 4 x 4 games each with a unique mixed Nash equilibrium; one … is stable and one is unstable under learning. Both games are versions of Rock-Paper-Scissors with the addition of a …

capacities. The aggregate and individual results are accounted for quite well by a reinforcement-based learning model that …