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Bandit cascade: A test of observational learning in the bandit problem

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Published in 2021 at "Journal of Economic Behavior and Organization"

DOI: 10.1016/j.jebo.2021.06.006

Abstract: Abstract I conduct an experimental investigation of observational (social) learning in a simple two-armed bandit framework where the models are based on Bayesian reasoning and non-Bayesian count heuristics providing different predictions. The agents can choose… read more here.

Keywords: observational learning; test observational; cascade test; bandit cascade ... See more keywords