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Special Section: Experiments on Learning, Methods, and Voting

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  • Nick Feltovich
  • Sobei H. Oda

Abstract

We examine the effect of the matching mechanism on learning in 2 × 2 games. Six games are played repeatedly under either fixed pairs or random matching. Unlike most economics experiments, the games are played under limited information: subjects are never shown the games' payoff matrices nor given information about opponent payoffs. We find that behaviour, while initially similar between treatments, diverges over time. In most but not all games, fixed-pairs matching is associated with increased coordination on pure-strategy Nash equilibria, higher-payoff equilibria being reached and faster convergence toward pure-strategy play.

Suggested Citation

  • Nick Feltovich & Sobei H. Oda, 2014. "Special Section: Experiments on Learning, Methods, and Voting," Pacific Economic Review, Wiley Blackwell, vol. 19(3), pages 260-277, August.
  • Handle: RePEc:bla:pacecr:v:19:y:2014:i:3:p:260-277
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    File URL: http://hdl.handle.net/10.1111/1468-0106.12065
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    References listed on IDEAS

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