Learning through period and physical time

Teresa Backhaus, Steffen Huck, Johannes Josef Leutgeb and Ryan Oprea

Discussion Papers, Research Unit: Economics of Change from WZB Berlin Social Science Center

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: 2022
New Economics Papers: this item is included in nep-exp and nep-gth
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Journal Article: Learning through period and physical time (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:wzbeoc:spii2022302

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