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Learning through period and physical time

Teresa Backhaus, Steffen Huck, Johannes Leutgeb and Ryan Oprea

Games and Economic Behavior, 2023, vol. 141, issue C, 21-29

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.’

Keywords: Cournot oligopoly; Laboratory experiment; Learning; Time (search for similar items in EconPapers)
JEL-codes: C73 C92 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:141:y:2023:i:c:p:21-29

DOI: 10.1016/j.geb.2023.05.008

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