Learning in Economics Experiments
نویسنده
چکیده
Reinforcement learning, belief learning, experiments, probability matching, market price-choice games, computer simulations. This paper explains how simple psychological models of reinforcement and belief learning can be used to explain dynamic patterns of adjustment in economics experiments.
منابع مشابه
Organizational Learning and Knowledge Spillover in Innovation Networks: Agent-Based Approach (Extending SKIN Framework)
In knowledge-based economy, knowledge has a public good and non-rivalry nature. Firms build their own knowledge stock not only by means of internal R&D and collaboration with partners, but also by means of previously spilled over knowledge of other firms and public research laboratories (such as universities). Firms based on their absorptive capacity, and level of intra-industry and extra-indus...
متن کاملExperiential Learning with Experiments
This paper discusses the implementation of experiential learning techniques in a behavioural economics class. In order to deepen students’ understanding of both behavioural economics and the experimental approach to research students in the course developed and conducted variants of economic experiments.We believe that the process of designing and implementing the experiments fostered a better ...
متن کاملUsing Technology to Facilitate Active Learning in Economics Through Experiments
Classroom experiments are becoming increasingly popular as active-learning exercises for courses in economics. There are many situations where technology is needed to facilitate the effective use of classroom experiments. This article examines how computers and wireless handheld devices are being used to enhance the flexibility of classroom experiments and expand their usability to larger class...
متن کاملElite Opposition-based Artificial Bee Colony Algorithm for Global Optimization
Numerous problems in engineering and science can be converted into optimization problems. Artificial bee colony (ABC) algorithm is a newly developed stochastic optimization algorithm and has been widely used in many areas. However, due to the stochastic characteristics of its solution search equation, the traditional ABC algorithm often suffers from poor exploitation. Aiming at this weakness o...
متن کاملLearning Curve and Industry Structure: Evidences from Iranian Manufacturing Industries
he empirical studies have shown that cost advantages can occur due to economies of scale and economies of learning. However, a few studies have attempted to distinguish between these two effects on reducing costs. This paper is the first attempt on recognizing the impact of learning on reducing the cost with distinguishing the effect of economies of scale in Iran. Therefore, this study aims to ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2000