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An experiment on learning in a multiple games environment

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  • Grimm, Veronika
  • Mengel, Friederike

Abstract

We study how players learn to make decisions if they face many different games. Games are drawn randomly from a set of either two or six games in each of 100 rounds. If either there are few games or if extensive summary information is provided (or both) convergence to the unique Nash equilibrium generally occurs. Otherwise this is not the case. We demonstrate that there are learning spillovers across games but participants learn to play strategically equivalent games in the same way. Our design and analysis allow us to distinguish between different sources of complexity and theoretical models of categorization.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Economic Theory.

Volume (Year): 147 (2012)
Issue (Month): 6 ()
Pages: 2220-2259

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Handle: RePEc:eee:jetheo:v:147:y:2012:i:6:p:2220-2259

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Web page: http://www.elsevier.com/locate/inca/622869

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Keywords: Game theory; Learning; Multiple games; Experiments;

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References

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Cited by:
  1. Fehr, Dietmar & Huck, Steffen, 2013. "Who knows It is a game? On rule understanding, strategic awareness and cognitive ability," Discussion Papers, Research Unit: Economics of Change SP II 2013-306, Social Science Research Center Berlin (WZB).
  2. Holger Herz & Dmitry Taubinsky, 2013. "Market experience is a reference point in judgments of fairness," ECON - Working Papers 128, Department of Economics - University of Zurich.
  3. Mengel Friederike & Sciubba Emanuela, 2010. "Extrapolation in Games of Coordination and Dominance Solvable Games," Research Memorandum 034, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
  4. Christoph March, 2011. "Adaptive social learning," PSE Working Papers halshs-00572528, HAL.
  5. Sibilla Di Guida & Giovanna Devetag, 2013. "Feature-Based Choice and Similarity Perception in Normal-Form Games: An Experimental Study," Games, MDPI, Open Access Journal, vol. 4(4), pages 776-794, December.
  6. Vessela Daskalova & Nicolaas J. Vriend, 2014. "Categorization and Coordination," Working Papers 719, Queen Mary, University of London, School of Economics and Finance.
  7. repec:hal:wpaper:halshs-00572528 is not listed on IDEAS

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