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Published in 2018 at "Experimental Economics"
DOI: 10.1007/s10683-018-9568-1
Abstract: The Individual Evolutionary Learning (IEL) model explains human subjects’ behavior in a wide range of repeated games which have unique Nash equilibria. Using a variation of ‘better response’ strategies, IEL agents quickly learn to play…
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Keywords:
game;
human subjects;
learning alternate;
nash equilibria ... See more keywords