On the impulse in impulse learning
Jieyao Ding and
Andreas Nicklisch
Economics Letters, 2013, vol. 121, issue 2, 294-297
Abstract:
This paper experimentally investigates the nature of impulses in impulse learning. Particularly, we analyze whether positive feedback (i.e., yielding a superior payoff in a game) or negative feedback (i.e., yielding an inferior payoff in a game) leads to a systematic change in the individual choices. The results reveal that subjects predominantly learn from negative feedback.
Keywords: Feedback; Impulse; Learning; Maximin value; Reinforcement (search for similar items in EconPapers)
JEL-codes: C91 D03 D83 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:121:y:2013:i:2:p:294-297
DOI: 10.1016/j.econlet.2013.08.022
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