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Learning through period and physical time

Author

Listed:
  • Backhaus, Teresa
  • Huck, Steffen
  • Leutgeb, Johannes Josef
  • Oprea, Ryan
Abstract
We demonstrate in a laboratory experiment in which subjects play a two-player Cournot-Tullock game over hundreds of periods of varying length that full accounts of subjects' learning requires the consideration of, both, 'period time' and 'physical time.'

Suggested Citation

  • Backhaus, Teresa & Huck, Steffen & Leutgeb, Johannes Josef & Oprea, Ryan, 2022. "Learning through period and physical time," Discussion Papers, Research Unit: Economics of Change SP II 2022-302, WZB Berlin Social Science Center.
  • Handle: RePEc:zbw:wzbeoc:spii2022302
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Cournot oligopoly; Laboratory experiment; Learning; Time;
    All these keywords.

    JEL classification:

    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior

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