Arbeitspapier
Confusion and reinforcement learning in experimental public goods games
We use a limited information environment to mimic the state of confusion in an experimental, repeated public goods game. The results show that reinforcement learning leads to dynamics similar to those observed in standard public goods games. However, closer inspection shows that individual decay of contributions in standard public goods games cannot be fully explained by reinforcement learning. According to our estimates, learning only accounts for 41 percent of the decay in contributions in standard public goods games. The contribution dynamics of subjects, who are identified as conditional cooperators, differ strongly from the learning dynamics, while a learning model estimated from the limited information treatment tracks behavior for subjects, who cannot be classified as conditional cooperators, reasonably well.
- Sprache
-
Englisch
- Erschienen in
-
Series: CeDEx Discussion Paper Series ; No. 2009-18
- Klassifikation
-
Wirtschaft
Design of Experiments: General
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
Public Goods
- Thema
-
public goods experiments
learning
limited information
confusion
conditional cooperation
Öffentliches Gut
Informationsverhalten
Lernen
Spieltheorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bayer, Ralph-C.
Renner, Elke
Sausgruber, Rupert
- Ereignis
-
Veröffentlichung
- (wer)
-
The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)
- (wo)
-
Nottingham
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bayer, Ralph-C.
- Renner, Elke
- Sausgruber, Rupert
- The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)
Entstanden
- 2009
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