Learning in networks: An experimental study using stationary concepts

Arbeitspapier

Our study analyzes theories of learning for strategic interactions in networks. Participants played two of the 2 x 2 games used by Selten and Chmura (2008) and in the comment by Brunner, Camerer and Goeree (2009). Every participant played against four neighbors and could choose a different strategy against each of them. The games were played in two network structures: a lattice and a circle. We compare our results with the predictions of different theories (Nash equilibrium, quantal response equilibrium, action-sampling equilibrium, payoff-sampling equilibrium, and impulse balance equilibrium) and the experimental results of Selten and Chmura (2008). One result is that the majority of players choose the same strategy against each neighbor. As another result we observe an order of predictive success for the stationary concepts that is different from the order shown by Selten and Chmura. This result supports our view that learning in networks is different from learning in random matching.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: KIT Working Paper Series in Economics ; No. 15

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Game Theory and Bargaining Theory: General ; Stochastic and Dynamic Games; Evolutionary Games; Repeated Games ; Design of Experiments: Laboratory, Individual ; Search; Learning; Information and Knowledge; Communication; Belief; Unawareness ; Network Formation and Analysis: Theory
• Thema: experimental economics ; networks ; learning

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Berninghaus, Siegfried K. ; Neumann, Thomas ; Vogt, Bodo
• Ereignis: Veröffentlichung
• (wer): Karlsruher Institut für Technologie (KIT), Institut für Volkswirtschaftslehre (ECON)
• (wo): Karlsruhe
• (wann): 2011

Weitere Informationen

• DOI: doi:10.5445/IR/1000022311
• Handle: http://hdl.handle.net/10419/44975
• URN: urn:nbn:de:swb:90-223118
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ