Comparing Learning Models with Ideal Micro & Experimental Data Sets
Nyarko, Y., & Schotter, A. (2000). Comparing Learning Models with Ideal Micro & Experimental Data Sets. New York University.
This paper compares three learning models. The models compared are the Reinforcement Learning Model of Erev and Roth, the EWA model of Camerer and Ho and a Belief Learning model in which beliefs are elicited from subjects using a proper scoring rule…