Bigoni, Maria; Fort, Margherita - In: Games and Economic Behavior 81 (2013) C, pp. 192-214
This paper presents an experiment on learning in repeated games, which complements the analysis of playersʼ 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 …