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This paper extends choice theory by allowing for the interaction between cognitive costs and imitative dynamics. The authors experimentally investigate the role of imitation when participants face a task which is costly in cognitive terms. In order to disentangle different choice dynamics, they...
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interactions, players who make their choices fast and intuitively, relying on social heuristics, choose stag more often than other … Heuristics Hypothesis (Rand et al., 2012) applied to stag hunt interactions. …
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